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g100num [7]
3 years ago
13

$3000 is invested for a period of 3 years at a rate of 6% compound monthly. What will the balance in the account be at the end o

f 3 years?
Mathematics
1 answer:
Vedmedyk [2.9K]3 years ago
8 0

Answer:

Hence, the total amount of money that the investor would have after 6 years will be $ 536.04 .

Step-by-step explanation

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