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Thomas opened a savings account with an annual interest rate of 7% and an initial deposit of $5000. if his interest is compounded quart ly , how how much is in thomas account after 4 years ? round your answer to the nearest cent.

interest compounded quarterly a=p (1+ r/4) 4th

$=

Thomas opened a savings account with an annual interest rate of 7 and an initial deposit of 5000 if his interest is compounded quart ly how how much is in thoma class=