Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN: 9780470458365
Author: Erwin Kreyszig
Publisher: Wiley, John & Sons, Incorporated
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Question

Use the compound interest formula to compute the total amount accumulated and the interest earned.

$3000 for 2 years at 6​% compounded quarterly

The total amount accumulated after 2 years is ​$___

Round to the mearest cent as needed

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