Mathematics, 12.11.2019 11:31 lizdominguez101

Anewborn child receives a $9,000 gift toward a college education from her grandparents. how much will the $9,000 be worth in 18 years if it is invested at 7.1% compounded quarterly? round to the nearest cent.

*could you explain how you received the answer?

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Anewborn child receives a $9,000 gift toward a college education from her grandparents. how much will the $9,000 be worth in 18 years if it is invested at 7.1% compounded quarterly? round to the nearest cent. *could you explain how you received the answer?

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Another question on Mathematics

Anewborn child receives a $9,000 gift toward a college education from her grandparents. how much will the $9,000 be worth in 18 years if it is invested at 7.1% compounded quarterly? round to the nearest cent.

*could you explain how you received the answer?