Mathematics, 17.05.2021 05:40 Priskittles

Isabella invests $8000 for 3 years in an account that pays interest at a rate of 4% p. a. compounded quarterly. If inflation averages 1.9% per year during those three years, find the real value of Isabella’s investment.

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Isabella invests $8000 for 3 years in an account that pays interest at a rate of 4% p. a. compounded...

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