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Olin [163]
2 years ago
14

Suppose Ava had deposited another $1,300 into a savings account at a second bank at the same time. The second bank also pays a n

ominal (or stated) interest rate of 8.2% but with quarterly compounding. Keeping everything else constant, how much money will Ava have in her account at this bank in 5 years?A. $1,950.76 B. $1,409.92 C. $206.60 D. $173.08
Business
1 answer:
ANEK [815]2 years ago
7 0

Answer:

Answer choice B. 1,409.92

Explanation:

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