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butalik [34]
3 years ago
6

You invest $2000 in an account that pays 2.7% interest compunded annually. If you make no payments into the account, what will t

he balance of the account be in 10 years?.
Suppose you establish the same account, but the interest compounds monthly. What would your balance be in 10 years?
Mathematics
1 answer:
vaieri [72.5K]3 years ago
3 0

Answer:

Annually: 2,610.56

Monthly: 2,619.13

Step-by-step explanation:

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