Mathematics, 18.12.2020 09:00 idcbrooo

2. Michelle invests $3000 in an account with an annual interest rate of 4%. Interest is compounded quarterly.
How much money will be in the account after 5 years?
b. How long will it take Michelle to have $5000 in the account?

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More questions: Mathematics Another questions

2. Michelle invests $3000 in an account with an annual interest rate of 4%. Interest is compounded quarterly. How much money will be in the account after 5 years? b. How long will it take Michelle to have $5000 in the account?

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Another question on Mathematics

2. Michelle invests $3000 in an account with an annual interest rate of 4%. Interest is compounded quarterly.
How much money will be in the account after 5 years?
b. How long will it take Michelle to have $5000 in the account?