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Fed [463]
3 years ago
6

Alexander invested $240 in an account paying an interest rate of 2.3% compounded annually. Assuming no deposits or withdrawals a

re made, how much money, to the nearest dollar, would be in the account after 9 years?
Mathematics
2 answers:
stellarik [79]3 years ago
3 0

Answer:

295

Step-by-step explanation:

To find this we use the following equation

AV=PV(1+i)^n

Where AV=  accumulated value

PV= present value

i= interest rate

so we have

AV=240(1+.023)^9

This is pretty easy to solve and we get

240*1.227

294.50

Which rounds to 295

marta [7]3 years ago
3 0

Answer:

i believe its 295

:)

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3 0
3 years ago
On a number line, a number, b, is located the same distance from 0 as another number, a, but in the opposite direction
Karolina [17]

Answer:

b = -a

Step-by-step explanation:

We know that:

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Then the correct option is the first option:

b = -a

6 0
3 years ago
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Answer:

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