Andrea Gilford's savings account has a balance of $169. After 2 years, what will the amount of interest be at 12% compounded quarterly? a. $50.08 b. $119.08 c. $45.08 d. $214.08
Andrea Gilford's savings account has a balance of $169. After 2 years, what will the amount of interest be at 12% compounded quarterly? a. $50.08 b. $119.08 c. $45.08 d. $214.08
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.53TI: Eduardo noticed that his new car loan papers stated that with a 7.5% simple interest rate, he would...
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Question
Andrea Gilford's savings account has a balance of $169. After 2 years, what will the amount of interest be at 12% compounded quarterly?
a.
$50.08
b.
$119.08
c.
$45.08
d.
$214.08
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