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Sergio [31]
3 years ago
8

How much I treat will be earned on a savings account that pays 8% compounded annually, if $16,000 is invested for 2 years?

Mathematics
2 answers:
leva [86]3 years ago
6 0
I=prt
i=16000*8%*2
i=16000*0.8*2
i=25600
Charra [1.4K]3 years ago
4 0
400 dollers per year ....
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