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lukranit [14]
3 years ago
14

Jake’s bank offers him an account with 3% interest, compoundedannually. How much interest would he earn from this account if hed

eposits his $1,320 for 5 years?
Mathematics
1 answer:
Olin [163]3 years ago
4 0
I=P(1+R/100)^5
I=$1320(1+3/100)^5
I=$1530
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