A mother invests $10,000 in a bank account at the time of her daughter'sbirth. The interest is compounded quarterly at a rate of 7%. What will bethe value of the daughter's account on her 20th birthday, assuming no otherdeposits or withdrawals are made during this period? (Round to thenearest penny - hundredth place. For example, $123.46)asited tod

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Asked Oct 27, 2019
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A mother invests $10,000 in a bank account at the time of her daughter's
birth. The interest is compounded quarterly at a rate of 7%. What will be
the value of the daughter's account on her 20th birthday, assuming no other
deposits or withdrawals are made during this period? (Round to the
nearest penny - hundredth place. For example, $123.46)
asited tod
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A mother invests $10,000 in a bank account at the time of her daughter's birth. The interest is compounded quarterly at a rate of 7%. What will be the value of the daughter's account on her 20th birthday, assuming no other deposits or withdrawals are made during this period? (Round to the nearest penny - hundredth place. For example, $123.46) asited tod

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To find the net worth of the investment under th...

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Advanced Math