Question:

How much did they make?

by Guest64787  |  earlier

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At the end of every 3 months, Judy deposits $100 intoan account that pays 6% compounded quarterly. After 4 years, she puts the accumulated amount into a certificate of deposit paying 7.5% compounded semiannuanly for 1 year. When the certificate matures, how much did judy accumulate?

a)$1920.96

b)$1823.20

c)$2072.31

d)$1930.25

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3 ANSWERS


  1. d)1930.25


  2. Don't get Y!A to do your homework lol. It's Answer D)$1930.25

  3. The answer is D. Used a financial calc. to confirm .

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