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grigory
[225]
3 years ago
15
What would my final balance be if i put $650 in the bank for 60 months with an interest rate of 6%?
Mathematics
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answer:
Aleonysh
[2.5K]
3 years ago
4
0
60/12=5 years
100%+6%=106%=1.06
650 x 1.06^5=$896.84662... rounded is
$896.85
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