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Mathematics, 15.12.2020 19:20 smallp0720

8. You deposit $2000 in an account that earns 5% annual interest. Find the balance
after 1 year if the interest is compounded
quarterly.
A. $2,100
B. $2,101.89
C. $2,102.32
D. $2,102.49

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Answers: 1

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8. You deposit $2000 in an account that earns 5% annual interest. Find the balance
after 1 ye...
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