Mathematics, 16.06.2021 07:30, haleyllevsen

Meg invested $16,000 in a savings account. If the annual interest rate is 6%, how much will be in the account in 5 years for quarterly compounding? Round your answer to two decimal places. CORRECT ANSWER IS: 21549.68

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Meg invested $16,000 in a savings account. If the annual interest rate is 6%, how much will be in th...