If you invest $1,500 today in a bank that gives you 5% annual interest rate, which of theses items can you buy in two years

Shawn Vader asked Jan 19, 2023

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Shawn Vader asked Jan 19, 2023

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10 votes

Answer: electronics worth $1,650

1500 (1+5%)^2 = $1653.75

3.75 dollars will be left over.

Explanation:

Raymkchow answered Jan 24, 2023

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