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Ivahew [28]
3 years ago
7

Use the given information to find amount A in the account earning compound interest after six years when the principal is 3,500

. R= 2.29%, compounded monthly
Mathematics
1 answer:
stealth61 [152]3 years ago
4 0
A=p(1+i/m)^mn
A=3,500×(1+0.0229÷12)^(12×6)
A=4,014.98
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