Maria invests $6,154 in a savings
2 answers:
Answer:
$13286.02
Step-by-step explanation:
100 + 8 = 108
108 / 100 = 1.08
6154 x
= $13286.02
Answer:
Step-by-step explanation:
Since it doesn't specify the interest type, we'll consider both simple and compound interests.
<u>Given:</u>
- Principal P = $6154
- Interest rate r = 8% or 0.08
- Time t = 10 years
<u>Simple interest:</u>
<u>Compound interest (compounded annually):</u>
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Answer:
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Step-by-step explanation:
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Answer:
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Answer:
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Step-by-step explanation:
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Answer:
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Step-by-step explanation: