Ovoly123 Ovoly123

24-05-2023
Mathematics

contestada

You deposit $1400 in an investment account that earns 6.4% annual interest
compounded quarterly. Use a function m to determine the balance
(in dollars) of the investment account after 4 years. Round your answer to
the nearest whole dollar.

A) $1,492
B) $1,590
C) $1,805
D) $15,047

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