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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.

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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