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polet [3.4K]
3 years ago
5

kevin opens a savings account with $750. the interest rate is 5%, compounded annually. How much money will he have in his accoun

t after 20 years, assuming he does not touch the money during that time frame?
Mathematics
1 answer:
Dovator [93]3 years ago
3 0
If he does not touch the money at all, he will be given $1989.97 at the end if compounded annually.
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