Mathematics
Mathematics, 20.04.2020 20:12, jeanma0

Yusef deposits $50 into a savings account that pays 3.25% interest compounded quarterly. The amount. A in his account can be determined by the formula
where P is the initial amount invested, is the interest rate, is the number of times per year the money is compounded, and is the number of years for which the
money is invested. What will his investment be worth in 12 years it he makes no other deposits or withdrawals?

answer
Answers: 3

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Yusef deposits $50 into a savings account that pays 3.25% interest compounded quarterly. The amount....

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