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Natasha2012 [34]
3 years ago
6

a family invests $2000 in an account paying 9%, compounded monthly. How much is in the account after 3 months

Mathematics
1 answer:
anastassius [24]3 years ago
5 0
If I took it in correctly, <span>$2,030.11 is the amount it should have after 3 months.</span>
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The line is parallel so it has the same slope as the other line, -4.

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y = -4x + b

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The balance at the beginning of the second month on the credit card, based on a 12.75% APR, is <u>$28,02.85.</u>

<h3>What is the APR?</h3>

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When the APR is divided by 12 months, it results in MPR, which can be used to determine the interest.

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Thus, the balance at the beginning of the second month on the credit card, based on a 12.75% APR, is <u>$28,02.85.</u>

Learn more about the APR at brainly.com/question/2772156

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