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Mathematics, 15.04.2021 16:20 queeneaf

A savings account earns 8% interest each year, compounded quarterly (4 times a year). If a person invests $100 and makes no further deposits or withdrawals, what is the balance in the account after 3 years, rounded to the nearest cent?

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A savings account earns 8% interest each year, compounded quarterly (4 times a year). If a person in...
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