Find out how much a retirement account based on a principal of $100509 compounded 5% quarterly after 29 years is worth?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section: Chapter Questions
Problem 69SGR
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Question
Find out how much a retirement account based on a
principal of $100509 compounded 5% quarterly after
29 years is worth?
Round your answer to 2 decimal places.
Add your answer
Transcribed Image Text:Find out how much a retirement account based on a principal of $100509 compounded 5% quarterly after 29 years is worth? Round your answer to 2 decimal places. Add your answer
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