SOLUTION: Francisco invested $5,000 into an account that earns 3% compounded quarterly. How many times will Francisco earn interest after keeping the money in the account?

SOLUTION: Francisco invested $5,000 into an account that earns 3% compounded quarterly. How many times will Francisco earn interest after keeping the money in the account?

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Question 939375: Francisco invested $5,000 into an account that earns 3% compounded quarterly. How many times will Francisco earn interest after keeping the money in the account?
Answer by ewatrrr(24785) (Show Source): You can put this solution on YOUR website!
every 3 months
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