3 years ago

Algebra 1 Prerequisites

1 answer:

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No solution

explanation:

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alexdok [17]

Answer:

Step-by-step explanation:

Using the compound interest formula to calculate the amount compounded after 10years.

$A = P(1+r)^{nt}$

P = principal = $2000

r = rate (in %) = 5.6%

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n = 1year = time used in compounding

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