Use compound interest formula to determine value of an account at the end of 7 years if the principal amount of $19000 was deposited with an annual interest rate of 3% and the interest is compounded...


Use compound interest formula to determine value of an account at the end of 7 years if the principal amount of $19000 was deposited with an annual interest rate of 3% and the interest is compounded quarterly.
the amount after 7 years would be what?


please round to nearest cent as needed.



Jun 05, 2022
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