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21 September, 14:33

Tamika opened a money market account that has a 4.25% annual interest rate, compounded annually. She deposits $1,750 into the account each year. How much interest will the account earn after 15 years?

$9,449.40

$33,949.40

$35,699.40

$71,398.40

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Answers (1)
  1. 21 September, 14:49
    0
    It would be $9449.40 the interest rate is too small for it to be any of the others
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