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Andre45 [30]
2 years ago
11

Please help ASAP! i have been struggling on this question and need help!

Mathematics
1 answer:
seraphim [82]2 years ago
6 0

Answer:

841.53

Step-by-step explanation:

equation for annual intrest is

I*y^x=f

where I is your initial amount, y is equal to 1+(interest /100)

and x is equal to the amount of years you're looking for, with f being the final balance

so for this questions, the equation is as follows

600*(1+7/100)^5=f\\600*1.07^5=f\\600*1.40255=f\\841.53=f\\

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