apost42 apost42

28-05-2024
Mathematics

Answered

An initial investment of $480 earns interest for 7 years in an account that earns 13% interest, compounded quarterly. Find the amount of money in the account at the end of the 7 year period.

A) $1138.34
B) $1129.25
C) $1175.34
D) $695.340

Answer :

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