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Mathematics 8 Online
OpenStudy (anonymous):

Please help!

OpenStudy (anonymous):

You can use the equation \[I = P * r * t\] 'I' would be the earned interest (total money earned NOT THE TOTAL AMOUNT YOU END UP WITH) 'P' would be the principle (money originally put into the account) 'r' would be the rate of interest (this has to be in percent form. to convert from a percent to decimal, you can divide by 100) 't' would be the amount of time passed (since it's compounded quarterly, your unit of time would be in quarters)

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