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Principal $5500 Rate 8% Compounded quarterly Time 2 years The principal represents an amount of money deposited in a savings account subject to compound interest
Principal $5500 Rate 8% Compounded quarterly Time 2 years The principal represents an amount of money deposited in a savings account subject to compound interest at the given rate A. Find how much money there will be in the account after the given number of years. B. Find the interest eamed. Click the icon to view some finance formulas A The amount of money in the account after 2 years is $
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Financial Intelligence
Authors: Income Mastery
1st Edition
1647773210, 978-1647773212
