Question

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You invest $15,000 in a savings account with an annual interest rate of 2.5% in which the interest is compounded quarterly. How much money should you expect to have in the account after 5 years?

Answer 1

Answer:

sorry I don't know the answer

Answer 2

• Water is an inorganic, transparent, tasteless, odorless, and nearly colorless chemical substance, which is the main constituent of Earth's hydrosphere and the fluids of all known living organisms.
• It is vital for all known forms of life, even though it provides no calories or organic nutrients.