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ozzi
3 years ago
10

Lucy invested $19,000 in an account paying an interest rate of 3% compounded annually. Assuming no deposits or withdrawals are m

ade, how much money, to the nearest hundred dollars, would be in the account after 8 years?
Mathematics
1 answer:
NNADVOKAT [17]3 years ago
7 0

Answer:

23560

Step-by-step explanation:

3% of 19k is 570

570*8=4560

4560+19000=23560

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--------------------------------------------------------------
Define x :
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Let the dryer be x.
Dryer = x 
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Construct Equation :
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Solve x :
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