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3 years ago

9

raul invests $1000 in a savings account that earns 5% interest compounded annually. how much money will he have in the account a

t the end of 5 years

2 answers:

myrzilka [38]3 years ago

6 0

It will have 15,000 dollars in the savings acount\

12345 [234]3 years ago

3 0

Amount in the bank account = 1000(1 + 0.05)^5 = $1,276.28

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