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# John invested an inheritance that earned an annual rate of interest of 5.25% compounded quarterly for 20 years and now had $250000 in acct.?

Algebraically calculate how much John inherited.

### 1 Answer

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- JimLv 71 month ago
just plug in your numbers

A = final amount

P = initial principal balance

r = interest rate

n = number of times interest applied per time period

t = number of time periods elapsed

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