Help 26 0.04 ) 4t The amount of money, A(t), in a savings account that pays 4%

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0.04 ) 4t The amount of money, A(t), in a savings account that pays 4% interest, compounded quarterly for t years, with an initial investment of P dollars, is given by A(t) = P|1 + . If $7000 is invested at 4%, compounded quarterly, how much will the investment be worth after 6 years? How much money will there be in the account at the end of 6 years? (Round to the nearest cent as needed.)

Posted Date: Jun 09, 2024 05:22 PM

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Help 26 0.04 ) 4t The amount of money, A(t), in a savings account that pays 4%

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