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You deposit $2000 in an account earning 8% interest, compounded quarterly. How much will you have in the account after 12 years?

You deposit $2000 in an account earning 8% interest, compounded quarterly. How much will you have in the account after 12 years?

Round your answer to the nearest cent.

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2 comments
  • this is not correct
    • gabbyshepard5152
    • Jan 11, 2019 at 12:42pm
  • wait you just mixed up the 5174.14 with 5147.14 in the explanation
    • gabbyshepard5152
    • Jan 11, 2019 at 12:44pm

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Other Answers

The final amount is $5174.14... View the full answer

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