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stepladder [879]
2 years ago
9

14. You deposit $400 in a savings account that earns 7% interest compounded annually.

Mathematics
1 answer:
oksian1 [2.3K]2 years ago
4 0

Answer:

A=p(1+r/100)^n

=400(1+7/100)^2

=400*1.14

=456

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