($ 2,500) is deposited in an account that bears (5.25 %) interest compounded quarterly for 15 years....

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$\$ 2,500$ is deposited in an account that bears $5.25 \%$ interest compounded quarterly for 15 years. What is the return on investment for that investment? Round to two decimal places if necessary.

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Contemporary Mathematics

ISBN: 9781711470559

1st Edition

Authors: OpenStax

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Question Posted: May 30, 2024 09:06 AM

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($ 2,500) is deposited in an account that bears (5.25 %) interest compounded quarterly for 15 years....

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Contemporary Mathematics

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