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QuizMultiple Choice

Interest

Question 1 • LVA - Mathematical Modeling - Spring

Solve the problem. Round to the nearest cent.Andrea’s savings account has a balance of $3668. After 3 years, what will the amount of interest be at 4% compounded quarterly?a.$73.36c.$470.19b.$456.19d.$465.19

Answer
A
A
B
B
C
C
D
D
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