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denpristay [2]
3 years ago
12

Suppose your friend's parents invest $15,000 in an account paying 7% compounded annually. What will the balance be after 6 years

?
Mathematics
1 answer:
kykrilka [37]3 years ago
6 0

Answer:

$22,510.96

Step-by-step explanation:

Final investment value

$22,510.96

Total interest earned

$7,510.96

Initial balance

$15,000.00

Total monthly deposits

$0.00

Effective Annual Rate (APY)

7%  

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Can someone help me please
Neporo4naja [7]

If Deliah does jumping jacks at a constant rate, this means that she does them at the same pace or you could say that she does the same amount of jumping jacks in a specified amount of time, ie. if you counted how many jumping jacks she did in one minute, it would be same as how many she would complete in the next minute, and the next, and so on.

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