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3 years ago

7

Brenda invests $4,848 in a savings account with a fix annual interest rate of 5% compounded 2 times per year.what will the accou

nt balance be after 6 years?

1 answer:

Nadya [2.5K]3 years ago

8 0

A = P(1 + rt)

A= 4,848(1+.05*6)

A=6302.4

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