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Umnica [9.8K]
3 years ago
11

Larquita is writing a book for her job, where she works the same number

Mathematics
1 answer:
ryzh [129]3 years ago
3 0

so what u gotta do in this  add and multiply everything up like monday she worked before and wor and during work, then tuesday she worked twice as much as monday then u gotta add and multiply everythin up, same thing all over again, then you get ur answer, nlow this app is too help you, i helped you, im not goona give ur answer, ur gonna give the answer to ur selfe, now i dont have time rn to answer it and if i did i would help you n answer but u gotta do ur work, have a great daay!

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What is the balance after 7 years if you deposit $2800 in an account that pays 4% interest compounded yearly ?
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Answer:the balance after 7 years is $3216

Step-by-step explanation:

A) Initial amount deposited into the account is $2800 This means that the principal,

P = 2800

It was compounded yearly. This means that it was compounded once in a year. So

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r = 4/100 = 0.04

It was compounded for 7 years. So

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The formula for compound interest is

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