SOLUTION: Ashley deposits $500 into an account that earns 2% interest compounded 3 times per year. How much money will Ashley have in her account after 4 years? Round to the nearest cent.

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Question 1024330: Ashley deposits $500 into an account that earns 2% interest compounded 3 times per year. How much money will Ashley have in her account after 4 years? Round to the nearest cent.
A. $600.12
B. $541.50
C. $458.50
D. $587.02
Answer by catieedoe(1) About Me  (Show Source):