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Mathematics, 26.08.2019 17:40 aliami0306oyaj0n

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a deposit of $6000 is made in an account that earns 6% interest compounded quarterly. the balance in the account after n quarters is given by the sequence
an=6000(1+0.06/4)ⁿ, n=1, 2, 3, …
find the balance in the account after five years. round to the nearest cent.

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