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3 years ago

5

if a couple deposits $25000 into an account earning 6% annual interest compounded monthly, how much money will be in the account

at the end of 25 yeas?

1 answer:

Lapatulllka [165]3 years ago

8 0

Answer: 111,624.25

Step-by-step explanation: If you deposit $25,000 than keep adding 6% over the 25 years you will eventually come up with 111,624.25 dollars.

Hope this helps!

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