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ahrayia [7]
3 years ago
7

teresa deposits $6000 into a bank account that pays 2% every year. how much interest will be paid in the first 4 years?

Mathematics
1 answer:
lozanna [386]3 years ago
7 0
60. Terese deposited $6 000 into a bank account that pay 2% every year How much will she earn if for the first 4 years: => First Year 6 000 x 0.02 => 120 => 6 000 + 120 = 6 120 => Second Year the money is 6 120 => 6 120 * .02 = 122.4 => 6 120 + 122.4 => 6 242.4 => For the third year the money is 6 242.4 => 6 242.4 x 0.02 = 124.848 => 6 242.4 + 124.848 => 6 367.248 => And for the 4th year => 6 367.248 * .02 = 127.34 => 6 494.6 So his money will be 6 494.6 dollars.
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Maslowich
<h2>Answer:</h2>

<em>(Check attached images).</em>

<h2>Step-by-step explanation:</h2>

<h3>Exercise 1.</h3>

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<h3>Exercise 2.</h3>

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<em />

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Seeing that -3.5% is less than -0.35, the symbol that makes the statement true is ">".

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c. Select the correct answer.

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<h3>Exercise 6.</h3>

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