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MA_775_DIABLO [31]

3 years ago

11

April recieved $1,800 from her grandmother as a birthday gift. She decided to put the money in an account to save for college. I

f the account earns 9% interest compounded annually how much money will be in the account after 5 years?

1 answer:

Katarina [22]3 years ago

6 0

A = 1800(1 + (0.09 × 5)) = 2610
<span>A = $2,610.00</span>

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