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S_A_V [24]
3 years ago
15

Jose now has $500. how much would he have after 6 years if he leaves it invested at 5.5% with annual compounding?

Mathematics
1 answer:
Vesnalui [34]3 years ago
6 0
Amount after 6 years = 500(1 + 0.055)^6 = $689.42  Answer
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Hope this helps! If you have any more questions or need further explanation please comment down below. Good luck!

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