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Nitella [24]
3 years ago
11

A savings account accrues interest at a rate of 7.0% yearly. if someone opens an account with $20,000, how much money would the

account have after 4 years?
Mathematics
1 answer:
andrey2020 [161]3 years ago
5 0
7% of $20,000 is $1,400   $1,400(4)=$5,600  so it would be $25,600.
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