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(Solved): compound amount after 7 years and the amount of interest earned. dont round until the final ans ...
compound amount after 7 years and the amount of interest earned.
dont round until the final answer then round to the nearest cent as needed
Find the compound amount for the deposit and the amount of interest earned. \( \$ 5900 \) at \( 6 \% \) compounded quarterly for 7 years The compound amount after 7 years is \( \$ \) (Do not round until the final answer. Then round to the nearest cent as needed.)