Alexis is making quarterly contributions of of 500 to her savings account which pays interest at the APR of 8 3 compounded

Question

Alexis is making quarterly contributions of of 500 to her savings account which pays interest at the APR of 8 3 compounded quarterly Right after Alexis makes her 54th contribution the bank changes the APR to 9 and Alexis makes 36 more 500 contributions What is Alexis s balance right after her last contribution

Kunduz · Accepted Answer

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