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Zarrin [17]
2 years ago
15

Tiana has $70 in an account. The interest rate is 5% compounded annually.

Mathematics
1 answer:
Alekssandra [29.7K]2 years ago
8 0

Answer:

73 dollars and 50 cents

Step-by-step explanation:

Initial Deposit:

70

Years to Save:

1

Estimated Rate of Return

5

Compound Frequency:

Annually

Earned Interest

$3.50

Total Balance

$73.50

Hope this helps!

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