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Harrizon [31]
3 years ago
6

You invest $5000 in a savings account that earns 4.5% APR simple interest for 6 years. (

Mathematics
1 answer:
Dahasolnce [82]3 years ago
4 0
<span>A = P (1 + r/n)<span> (nt)
</span></span>A = the future value of the investment
P = (the initial deposit or loan amount)
r = the annual interest rate (decimal)
n = the number of times that interest is compounded per year
t<span> = the number of years the money is invested</span>
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