Question: Incorrect Your answer is incorrect Your answer is incorrect for your answer is incorrect B A bank offers an investment account with an annual interest
Incorrect Your answer is incorrect Your answer is incorrect for your answer is incorrect B A bank offers an investment account with an annual interest rate of 1.18% compounded quarterly. Lucy invests S4200 into the account for 2 years Answer the questions below. Do not found any intermediate computations, and round your final answers to the nearest cent. If necessary, refer to the Ist of financial formules ? () Assuming no withdrawals are made, how much money is in Lucy's account after 2 years? si (b) How much interest is earned on Lucy's investment after 2 years
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