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Lapatulllka [165]
3 years ago
12

4.) You plan to start making a series of deposits of $3,000 a year for 6 years. How much will you have after 6 years if your acc

ount has an annual interest rate of 6%?​
Mathematics
1 answer:
stich3 [128]3 years ago
5 0

Answer:16,920

Step-by-step explanation:

first convert 6% to a decimal by moving the decimal point two times to the left. then multiply 3,000 by 0.06 which will equal 180 for one year. you then multiply 180 by 6 and get 1080. after you multiply 3000 by 6 which is 18000. subtract 1,080 from 18000 and you’ll get 16920

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