A money market account pays 5.3% interest
compounded quarterly. What will be the balance
in...
Mathematics, 07.02.2022 20:50 lee9724
A money market account pays 5.3% interest
compounded quarterly. What will be the balance
in the account after 5 years if $12,000 is invested?
A. $18,360.00
B. $15,613.98
C. $15,180.00
D. $14,544.00
Answers: 2
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