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percentage rate of r=3% with...

A bank features a savings account that has an annual percentage rate of r=3% with interest compounded quarterly. Deandre deposits $5,000 into the account.The account balance can be modeled by the exponential formula S(t)=P(1+ r over n)^nt, where S is the future value, P is the present value, r is the annual percentage rate written as a decimal, n is the number of times each year that the interest is compounded, and t is the time in years.A) what values should be used for P, r, and n?P=

r=

n=B) How much money will Deandre have in the account in 8 YearsAnswer= $(Over indicates that it is a fraction)

r=

n=B) How much money will Deandre have in the account in 8 YearsAnswer= $(Over indicates that it is a fraction)

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