Mathematics, 18.03.2021 03:20, mat1413
You open your first interest-bearing savings account with an initial deposit of
$3,500. Interest is compounded quarterly at a rate of 2.5%. Assuming you do not deposit any more money into the account, how much money will you have in the
account after 10 years?
A. $3,725.01
B. $4,490.59
C. $6,417.38
D. $39.557.20
Answers: 2
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You open your first interest-bearing savings account with an initial deposit of
$3,500. Interest is...
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