Mathematics, 06.11.2020 01:00, juicecarton

Rick invests $7,174 in an account that earns an annual interest rate of 3%. What will be the balance of the account in 18 years if the interest is compounded monthly? A
$173,668.18

B
$7,572.00

C
$12,302.34

Answers: 2

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Rick invests $7,174 in an account that earns an annual interest rate of 3%. What will be the balance...