# Pedro deposited $7,350 into a savings account 21 years ago. The account has an interest rate of 4.5% and the...

**marcor**

Pedro deposited $7,350 into a savings account 21 years ago. The account has an interest rate of 4.5% and the balance is currently $18,810.67. How often does the interest compound?

- 9 years ago
- 999999.99

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