Mathematics, 21.01.2021 20:40 davistakeisha95
Paul deposited $6,460 into a savings account 17 years ago. The account has an interest rate of 4.3% and the balance is currently $13,400.91. How often does the
interest compound? (2 points)
a
b
ОООО
daily
monthly
quarterly
annually
d
Answers: 3
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At the beginning of year 1, carlos invests $600 at an annual compound interest rate of 4%. he makes no deposits to or withdrawals from the account. which explicit formula can be used to find the account's balance at the beginning of year 5? what is, the balance?
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