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4 years ago

Lucky you: You won $1,000,000 at a bingo tournament. Smart you: You save all the money, earning 7% interest a year, compounded a

nnually. How much money will you have after 20 years, to the nearest cent?

Mathematics

1 answer:

Setler79 [48]4 years ago

5 0

$1000000 \times (1.07 \times 20) = 21400000$

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