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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.

#### Top Answer

Here's the explanation you needed for... View the full answer

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

#### Other Answers

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

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