Use the compound-interest formula to find the account balance A, where P is principal, r is interest rate, n is number of compounding periods per year, tis time, in years, and A is account balance.Pcompounded1$59,190 5-% Quarterly2t412The account balance is approximately $(Simplify your answer. Type an integer or decimal rounded to two decimal places as needed.)

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Use the compound-interest formula to find the account balance A, where P is principal, r is interest rate, n is number of compounding periods per yea is time, in years, and A is account balance. P r compounded 1 1 $59,190 5-% Quarterly 4-2 2 t The account balance is approximately $ (Simplify your answer. Type an integer or decimal rounded to two decimal places as needed.)

Use the compound-interest formula to find the account balance A, where P is principal, r is interest rate, n is number of compounding periods per yea is time, in years, and A is account balance. P r compounded 1 1 $59,190 5-% Quarterly 4-2 2 t The account balance is approximately $ (Simplify your answer. Type an integer or decimal rounded to two decimal places as needed.)

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter7: Exponents And Exponential Functions

Section: Chapter Questions

Problem 69SGR

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