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ladessa [460]
3 years ago
7

Olivia will deposit $1,000 in an account that earns 6% interest compounded annually for 3 years. What is her total in the accoun

t after 3 years
PLEASE ANSWER QUICK AND SHOW WORK
Mathematics
1 answer:
nata0808 [166]3 years ago
6 0

Answer:

A= 1000(1+.06)^3 answer is A=1191.016

Step-by-step explanation:

first the formula is A=a(1 + or- R)^t

A=total

a=money or amount

R=rate it increase or decrease (percent) change to decimal

T=times,years,months ect..

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