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Mathematics, 23.11.2019 06:31 kaliyaht01
Thomas opened a savings account with an annual interest rate of 7% and an initial deposit of $5000. if his interest is compounded quart ly , how how much is in thomas account after 4 years ? round your answer to the nearest cent.
interest compounded quarterly a=p (1+ r/4) 4th
$=
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Thomas opened a savings account with an annual interest rate of 7% and an initial deposit of $5000....
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