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3 years ago

12

You deposit $2000 in an account earning 4% interest compounded monthly. How much will you have in the account in 10 years?

1 answer:

Lostsunrise [7]3 years ago

4 0

Answer:

2800$ in total

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iVinArrow [24]

Given cy - 7 = 5d + 3y, we solve for y as follows:

cy - 3y = 5d + 7

y(c - 3) = 5d + 7

y = (5d + 7) / (c - 3)

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