Business, 15.04.2020 01:20 bbyggigi94041

Alma won a beauty contest and received $3,500 in cash. In 4 years, when Alma turns 21, she wishes to go to Las Vegas. Her parents agree to pay for her hotel and airfare, but she needs spending cash. Her credit union will pay 5% per year compounded quarterly. How much will Alma have for her trip when she turns 21, if she invests her money in this account?

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Alma won a beauty contest and received $3,500 in cash. In 4 years, when Alma turns 21, she wishes to...