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Musya8 [376]
3 years ago
10

Lauren invested $340 in an account paying an interest rate of 5.8% compounded monthly. Assuming no deposits or withdrawals are m

ade, how much money, to the nearest cent, would be in the account after 13 years?
Mathematics
1 answer:
Viktor [21]3 years ago
8 0

A = P(1 + rt)

A=340(1+.58x13)

2903.6

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