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Mathematics, 12.01.2021 14:40 brownvester44

4. Joe deposits $2,000 into a savings account. The account compounds his money quarterly at a rate of 4%. a) How much money does Joe have after a year? Round your answer to the nearest ten cents. b) After 18 months? Round your answer to the nearest dollar. c) When will his account grow to $25,000? Round your answer to the nearest year.

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4. Joe deposits $2,000 into a savings account. The account compounds his money quarterly at a rate o...

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