Mathematics, 19.09.2019 05:40 aaliyahrice02

Phillip opened a savings account with an annual interest rate of 8% and an initial deposit of $3500. if his interest is compounded quarterly, how much is in jeffrey’s account after 2 years? round your answer to the nearest cent.
interest compounded quarterly: a equals p left parenthesis 1 plus r over 4 right parenthesis to the power of 4 t end exponent
$

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