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ADVANCE ALGEBRA

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Earl has deposited $798 in a savings account that earns interest at a rate of 3.1% compounded quarterly. What will the account balance be in 21 years?

$1,034.95

$822.74

$1,526.30

$2,473.80
 Feb 18, 2012

1+0 Answers

 #1
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[input]798*(1+0.031/4)^(21*4)[/input]
 Feb 18, 2012

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