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Ivahew [28]
3 years ago
6

Five years ago, Chris opened a savings account that earned 1.4% simple interest every year. He opened his account with $850.00 a

nd has not made any withdrawals. How much money is in his account now?
Mathematics
1 answer:
Blababa [14]3 years ago
3 0
If it is compounded annually, this will be 850(1.014)^5 which equals $911.19
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