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Zinaida [17]
4 years ago
5

The relative growth rate for a certain type of mutual fund is 15% per year. An account is opened with a balance of $3,000. How m

uch is the mutual fund worth in 5 years? In your final answer, include all of your calculations.
Mathematics
1 answer:
grigory [225]4 years ago
3 0
A=3,000×(1+0.15)^(5)
A=6,034.07
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