Question 1113605
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1000$ at 6% compounded {{{highlight(quarterly)}}} for 6 years


A(t) = P*(1+(r/n))^(n*t)

A(6) = 1000*(1+(0.06/4))^(4*6)

A(6) = 1000*(1.015)^24

A(6) = $1429.50
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