Mathematics, 15.02.2020 01:46 Tuffers

Investing $5,000 in a savings account at 1% annual interest compounded quarterly will result in approximately how much money after2 years ?
Use the formula : A = P (1+ r/m)^mt

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Investing $5,000 in a savings account at 1% annual interest compounded quarterly will result in approximately how much money after2 years ? Use the formula : A = P (1+ r/m)^mt

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Another question on Mathematics

Investing $5,000 in a savings account at 1% annual interest compounded quarterly will result in approximately how much money after2 years ?
Use the formula : A = P (1+ r/m)^mt