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Varvara68 [4.7K]
3 years ago
7

For the investment with interest compounded annually, find the final balance using the formula A = P(1 + r)t

Mathematics
1 answer:
Alinara [238K]3 years ago
5 0
B.
<span>$5852.86

Working;
</span><span>A = P(1 + r)^t
A=5000(1+</span>\frac{3.2}{100})^5
A=<span>5852.86</span>
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