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Inga [223]
3 years ago
7

Use the compound interest formula to compute the total amount accumulated and the interest earned.

Mathematics
1 answer:
Dovator [93]3 years ago
4 0
A=6,500×(1+0.07÷360)^(360×5)
A=9,223.63

Interest earned
9223.63-6500==2,723.63
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<em><u>Solution:</u></em>

Given that,

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