Mathematics, 22.01.2021 19:20 shymitch32

Rob invests $8,468 in a retirement account with a fixed annual interest rate of 7% compounded 4 times per year. What will the account balance be after 13 years? A) $18,357.25
B) $20,872.31
C) $18,167.50
D) $19,473.00

Answers: 2

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Rob invests $8,468 in a retirement account with a fixed annual interest rate of 7% compounded 4 time...

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More questions: Mathematics Another questions

Rob invests $8,468 in a retirement account with a fixed annual interest rate of 7% compounded 4 times per year. What will the account balance be after 13 years? A) $18,357.25 B) $20,872.31 C) $18,167.50 D) $19,473.00

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Another question on Mathematics

Rob invests $8,468 in a retirement account with a fixed annual interest rate of 7% compounded 4 times per year. What will the account balance be after 13 years? A) $18,357.25
B) $20,872.31
C) $18,167.50
D) $19,473.00