Pls hurry 3y+2x=6 +5y-2x=10
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The money can be withdrawn from the account every two months for the next 6 years is $20, 625, 000
<h3>What is compound interest?</h3>
The formula for compound interest is given as;
P = principal interest = $25, 000
r = rate = 4. 5%
n = 2 months
t = 6 years
A =
A =
A =
A = $20, 625, 000
Thus, the money can be withdrawn from the account every two months for the next 6 years is $20, 625, 000
Learn more about compound interest here:
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In order to get the answer to this question you will have to figure out how much 120 US dollars gets you in Canadian dollars.
Therefore your answer is "104.87."
Hope this helps.