Suppose Mai places $3500 in an account that pays 19% interest compounded each year.

Mathematics

1 answer:

rodikova [14]1 year ago

4 0

Answer:

a.$4165

b.$4956.35

Step-by-step explanation:

a)19% × 3500 = 665.

3500+665 =4165

b)19% × 4165 = 791.35

4165+791.35= 4956.35

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