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butalik [34]
3 years ago
8

If ur lucky u get 25 points!

Mathematics
2 answers:
lawyer [7]3 years ago
6 0

Answer:

What do you mean lucky?

DIA [1.3K]3 years ago
3 0

Answer:

Yes

Step-by-step explanation:

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Molly opened a savings account with a one‐time deposit of $100 that will be left in the account for at least 5 years. The saving
Anettt [7]

The amount of interest Molly will earn after 5 years on a deposit of \$100 compounded annually over 5 years is \$27.63

First, we need to find the future value of her investment, then we subtract the original deposit from it to get the amount of interest she will get at the end of 5 years.

The future value of an investment that is compounded annually is given by

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A=\text{Amount of money in Molly's account after 5 years}\\P=\text{Molly's initial deposit into her account}=\$500\\r=\text{The annual interest rate as a decimal}=0.05\\t=\text{The time the money is invested (in years)}=5

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The interest Molly will earn after 5 years is

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Therefore, the amount of interest Molly will earn after 5 years on a deposit of \$100 compounded annually over 5 years is \$27.63

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How do you do <br> (2/3) (-4) (9)
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