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Mathematics, 20.10.2019 21:30 mhzperfect

You place $5,000 in a bank account that earns an annual rate of 4.25%. if the interest is compounded quarterly, how much money will you have at the end of 5 years, assuming you neither deposit nor withdraw any money in this time?

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You place $5,000 in a bank account that earns an annual rate of 4.25%. if the interest is compounded...

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