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Mathematics 17 Online
OpenStudy (anonymous):

A man invests $3000 in an account that pays 8.5% interest per year, compounded quarterly. (a) Find the amount after 2 years? (Round your answer to the nearest cent.)

OpenStudy (anonymous):

my solution was 14014.42. Why is it not correct?

OpenStudy (anonymous):

I solved it

OpenStudy (anonymous):

OpenStudy (anonymous):

no the answer was $3549.59

OpenStudy (anonymous):

oh ok

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