Mathematics, 10.03.2021 18:30 meababy2009ow9ewa

19. Jimmy invests $2000 in an account with a 5.5% interest rate, making no other deposits or withdrawals. What will Jimmy's account balance be after 10 years if the interest is compounded 4 times each year?
A $2,292.65
B $1,453.54
C $17,026,62
D$3,453.54

Answers: 2

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19. Jimmy invests $2000 in an account with a 5.5% interest rate, making no other deposits or withdrawals. What will Jimmy's account balance be after 10 years if the interest is compounded 4 times each year? A $2,292.65 B $1,453.54 C $17,026,62 D$3,453.54

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Another question on Mathematics

19. Jimmy invests $2000 in an account with a 5.5% interest rate, making no other deposits or withdrawals. What will Jimmy's account balance be after 10 years if the interest is compounded 4 times each year?
A $2,292.65
B $1,453.54
C $17,026,62
D$3,453.54