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Business, 09.12.2020 22:30 smartie80

Jose opened a Premier account at City National Bank of Iowa with a minimum required deposit of $1000. This bank advertised a rate of 1/2% on their Premier account with interest compounded quarterly.
After 5 years, what is the amount in the account?

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Jose opened a Premier account at City National Bank of Iowa with a minimum required deposit of $100...
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