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Eduardwww [97]
3 years ago
7

you deposit 1000 for 4 yearsat an interest rate of 2% if the interest is compounded annually how much money do you have after th

e four years?
Mathematics
1 answer:
artcher [175]3 years ago
3 0

M= C(1+(in)) =  1000*(1+(0.02*4) = 1080

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