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barxatty [35]
3 years ago
7

An account compounds interest, at a rate of 9%, once a year. Emily puts $1000 in the account as the principal. Create a function

to track the amount of money she has.
Mathematics
1 answer:
Softa [21]3 years ago
6 0
1000(1+.09÷1)^1×1=1090 because this is the formula for compound interest rate.
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