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Mathematics, 13.05.2021 18:10 amy123261
If $3,200 is invested at a rate of 5.5%, compounded quarterly,
calculate the value of the investment after
4 years. Round to the nearest dollar.
Hint: Use the formula below.
nt
A= P. (1
(1+)"
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If $3,200 is invested at a rate of 5.5%, compounded quarterly,
calculate the value of the investmen...
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