sampendleton16 sampendleton16

23-01-2024
Mathematics

Answered

Michelle opened a bank account with an interest rate of 3.6% that is compounded quarterly. She invested $3700 in the account in 2007 but had to make a withdrawal from her account in 2015 in the amount of $1880 (with no penalty). How much money will be in her in 2030, assuming she makes no additional withdrawals?

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