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EasyExponentials & logarithms
OpenStax, Algebra and Trigonometry 2e §6.1 Exponential Functions · Example 8 · Algebra · Exponentials & logarithms

Calculating Compound Interest

If we invest $3,000 in an investment account paying 3% interest compounded quarterly, how much will the account be worth in 10 years?

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OpenStax, Algebra and Trigonometry 2e · §6.1 Exponential Functions · Example 8

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