Question: Use the compound interest formula for compounding more than once a year to determine the accumulated balance after the stated period. A $ 2 2

Use the compound interest formula for compounding more than once a year to determine the accumulated balance after the stated period.
A $22,000 deposit at an APR of 4.8% with quarterly compounding for 31 years.
The amount after 31 years will be $
(Round to the nearest cent as needed.)
Use the compound interest formula for compounding more than once a

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