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Suppose that when your friend was​ born, your​ friend's parents deposited ​$4000 in an account paying ​6.3% interest compounded quarterly. What will the account balance be after 13 ​years

Sagot :

Answer:

$9015.20

Step-by-step explanation:

A = 4000[1 + (.063/4)]^13·4

Answer:

3276

Step-by-step explanation:

4000(6.3*13)÷100