Question: How much will accumulate in an account with an initial deposit of $200, and which earns 7.5% interest compounded quarterly for 3 years?
How much will accumulate in an account with an initial deposit of $200, and which earns 7.5% interest compounded quarterly for 3 years?
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The accumulation of money in an account with compound interest can be calculated using the formula A ... View full answer
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