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1 year ago

7

Christian earned $475 from mowing lawns last summer. He deposited this money in an account that pays an interest rate of 3.8% co

mpounded annually. What will be his balance after 15 years?

1 answer:

kvasek [131]1 year ago

6 0

475 * (1.038)^15 = 831.10120562 = $831.10

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