Answer:
19,80
Step-by-step explanation:
Hi, you just need to make a rounding: 19.796 => 19.80. Hope it helped!
You do not.
We have not been told if the events are mutually exclusive or not.
The number of years (n) that the deposit stayed in his balance is given by: 65 - 18 = 47 years.
The future value (FV) of a deposit (P), deposited at an interest rate of r% compounded yearly for n years is given by

Given that <span>Jamal deposits P = $1000 into a savings account on for n = 47years at 2% interest compounded yearly, the amount in his bank account at the end of the period is given by

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