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drek231 [11]
4 years ago
10

How much will a 1 dollar deposit be worth after 36 years if the interest rate paid by the bank is 8%

Mathematics
1 answer:
lys-0071 [83]4 years ago
7 0
Plugging in your numbers to the compound interest formula and assuming it is compounded yearly, you will have $15.97.

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