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2 years ago

13

gabriel put 6000 in a 2 year CD paying 4% interest, compounded monthly. After 2 years , he withdrew all his money. what was the

amount of the withdrawal?

2 answers:

shutvik [7]2 years ago

7 0

amount after 2 years = 6000(1 + (0.04/12))^24 = 6498.86

swat322 years ago

7 0

Answer:

6254.41

Step-by-step explanation:

THIS IS IT SWEAR

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