cgilbert17 cgilbert17

15-02-2022
Mathematics

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You deposit $500 in an account that earns 5% annual interest compounded quarterly for 20. How much do you make?

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lijahdye0351 lijahdye0351

15-02-2022

Answer:

2,000 dineros

Step-by-step explanation:

500 x .05 = 25

25 x 4 = 100

100 x 20 = 2000 dineros

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