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Carlos invests $ 5,000 in a bank at 5.15% annual compounding interest each quarter. Use compound interest to calculate what is the annual percentage return?

Carlos invests $ 5,000 in a bank at 5.15% annual compounding interest each quarter. Use compound interest to calculate what is the annual percentage return? Show your working.

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Certainly The formula for compound interest is A P1 rnightnt Where A is the amount of money accumula... blur-text-image

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