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2 years ago

7

mr thompson plans to invest $7,500 in a savings account that earns 2.75% simple nnual interest. If he makes no other deposits or

withdrawals, how much money will his account be worth after 10 years?

1 answer:

kogti [31]2 years ago

6 0

Y=7,500(1+0.0275)^x
y=7,500(1.0275)^10
y=9,837.38

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