Question:
You decide to invest a total of $1500 in a money market
Last updated: 7/17/2022
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You decide to invest a total of $1500 in a money market account at an annual interest rate of 3.4%. A. Find the balance in the account after 8 years if it is compounded quarterly. B. Find the balance in the account after 8 years if it is compounded monthly. I C. Find the balance in the account after 8 years if it is compounded continuously.