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shtirl [24]
3 years ago
12

In 2014 Rose invested $16,000 in a savings account for her newborn son. The account pays 3.6% interest each year. Determine the

total value of the account in the year 2032, when her son will go to college.
Mathematics
2 answers:
Alja [10]3 years ago
8 0
16,000 x (1 + .036)^18 = 30240.96
Flura [38]3 years ago
5 0

Answer:

$30240.96

Step-by-step explanation:

see pic

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