jackee20287 jackee20287

23-04-2024
Mathematics

Answered

Aliyah deposits $57,000 into an account that earns 3.875% interest compounded quarterly. How much interest does Aliyah earn over the term of the investment, 6 years? Round to the nearest cent.

Answer :

18560840 18560840

23-04-2024

Answer: Aliyah earns approximately $14,640.30 in interest over the 6-year term of the investment when rounded to the nearest cent

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