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April 19, 2014

Homework Help: math

Posted by Patty on Tuesday, April 10, 2012 at 10:18pm.

Suppose $5000 is deposited in a bank account that compounds interest four times per year. The bank account contains $9900 after 13 years. What is the annual interest rate for this bank account?
i already set it up but i don't know where to go from there. Please help

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