Financial Algebra 1. Unit 1: Simple and Compound Interest Quiz A..
* Question #9
Pricilla rec...
Mathematics, 12.08.2020 05:01, shayneseaton
Financial Algebra 1. Unit 1: Simple and Compound Interest Quiz A..
* Question #9
Pricilla receives $35,000 from her Uncle Peter when he dies. She deposits it into an account with investments that are
expected to earn 12% a year, compounded daily. She plans to use the money in 4 years towards the down payment on a
house. How much money should she expect in the account at the end of the 4 years? Round to the nearest cent.
at the end of 4 years.
• Pricilla will expect in the account $
Incorrect!
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Answers: 1
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