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2 years ago

Find how much was invested

Mathematics

1 answer:

Scilla [17]2 years ago

7 0

Answer:

t = Time

Step-by-step explanation:

A = X(1+.05)^t using X as the initial investment, compounded yearly

For $20000 more invested at 7%,

A' = (X+20000)(1+.07)^t

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Step-by-step explanation:

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see explanation

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