Mathematics, 08.11.2020 02:20 rvj0444073603
Tessa has recently inherited $5500, which she wants to deposit into an IRA account. She has determined that her two best bets are an account that
compounds semi-annually at an annual rate of 4.3 % (Account 1) and an account that compounds quarterly at an annual rate of 3.2 % (Account
2)
Step 2 of 2: How much would Tessa's balance be from Account 1 over 2.8 years? Round to two decimal places,
Answers: 3
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Tessa has recently inherited $5500, which she wants to deposit into an IRA account. She has determin...
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