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Mathematics 7 Online
OpenStudy (anonymous):

Mary Ann invests $8400 in a new savings account which earns 4.0% annual interest, compounded quarterly. What will be the value of her investment after 6 years. Round to the nearest cent. I think I am suppose to use the Compound Interest Formula: A(t)=P(1+(r)/(n))^nt But I am not sure what number to put where.

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