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valkas [14]
3 years ago
7

Use the formula for Interest:

Mathematics
2 answers:
Sonbull [250]3 years ago
5 0

Answer:

The correct answer is D $568.18

Step-by-step explanation:

The formula of interest is A=P (1+r)ⁿ

A=Final amount  

P= Principal ( deposit)  

r= interest rate

Y=n= time

Solving,  

A=P (1+r)ⁿ

A=500(1+0,066)^2

A=$568.18

cluponka [151]3 years ago
4 0
A=P(1+rt)
A=500(1+6.6%)^2
A=$568.18
Answer is D
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