Use the compound interest formula to solve:

Question

$18,000 is invested in an account paying 3% interest compounded quarterly.

Find the amount of money in the account at the end of 10 years. (Show values substituted in the formula, and calculate the numerical amount.)

Answer 1

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Answer 2

Look up this thread:
http://www.jiskha.com/display.cgi?id=1248757520

Answer 3

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