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Mathematics, 02.08.2019 22:00 bvaughn6477

3. gavin deposited money into his savings account that is compounded annually at an interest rate of 9%. gavin thought the equivalent quarterly interest rate would be 2.25%. is gavin correct? if he is, explain why. if he is not correct, state what the equivalent quarterly interest rate is and show how you got your answer.

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3. gavin deposited money into his savings account that is compounded annually at an interest rate of...
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