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4 years ago

6

Your parents put $500 into an account paying 7 percent interest for you when you were ten. ten years later they tell you that yo

u can take the money out of the account. what is the balance to the nearest penny?

2 answers:

dsp734 years ago

8 0

The answer is $983.58

raketka [301]4 years ago

5 0

A=500×(1+0.07)^(10)
A=983.58

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