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kenbaby

  • 2 years ago

please helpppp Kelly invested $1875 in a savings account which earns 3.35% interest compounded quarterly. What will the account be worth in 7 years? $3,292.34 $1,987.72 $4,717.31 $2,368.20

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  1. kenbaby
    • 2 years ago
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    @NaCl

  2. NaCl
    • 2 years ago
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    Use this M=P(1+(i)/(n))^(n*t)

  3. NaCl
    • 2 years ago
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    M=1875(1+(0.0335)/(4))^(4*7) = ?

  4. kenbaby
    • 2 years ago
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    how do i do ^ on a calculator

  5. NaCl
    • 2 years ago
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    lol you dont !

  6. NaCl
    • 2 years ago
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    copy n paste it onto here http://www.wolframalpha.com/

  7. NaCl
    • 2 years ago
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    and tell me what you get @kenbaby

  8. kenbaby
    • 2 years ago
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    @NaCl

  9. NaCl
    • 2 years ago
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    2,368.20 is your answer

  10. kenbaby
    • 2 years ago
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    I got that too :) thank you!

  11. NaCl
    • 2 years ago
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    yw :D

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