Question: COMPOUNDING MORE THAN ONCE A YEAR. Use the appropriate compound interest formula to compute the balance in each account after the stated period of time.

COMPOUNDING MORE THAN ONCE A YEAR. Use the appropriate compound interest formula to compute the balance in each account after the stated period of time.

69. $25,000 is invested for 30 years with an APR of 3.7% and quarterly compounding.

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