Sabrina invested $7200 three years ago, and an additional $2300 one year ago. Her investments have earned

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Sabrina invested $7200 three years ago, and an additional $2300 one year ago. Her investments have earned 3.5% compounded quarterly for the whole time.

a. How much are Sabrina's investments worth today?

b. How much interest has she earned altogether?

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Fundamentals Of Business Mathematics In Canada

ISBN: 9781259370151

3rd Edition

Authors: F. Ernest Jerome, Jackie Shemko

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Question Posted: Oct 21, 2020 05:43 AM

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Sabrina invested $7200 three years ago, and an additional $2300 one year ago. Her investments have earned

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a i 354 0875 The first deposit is PV 7200 and has been on deposit for n 43 12 The second depo...View the full answer

Fundamentals Of Business Mathematics In Canada

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