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IrinaK [193]
3 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?
Mathematics
1 answer:
kogti [31]3 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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