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spayn [35]
3 years ago
6

A retiree invests $5,000 in savings plan that pays 4% per year. What will the account balance be at the end of the first year ?

Mathematics
2 answers:
babymother [125]3 years ago
7 0
At the end of the first year the account balance would be 200! 5000 x .04 = 200$
Ira Lisetskai [31]3 years ago
3 0
$5000 + 4% = $5000.04
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