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If the principal is $2,200.00 and the rate of interest is 7%, what is the final account balance after two years?
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If the principal is $2,200.00 and the rate of interest is 7%, what is the final account balance after two years?

User Jsog
by
6.7k points

1 Answer

10 votes

Answer: $2,695.10

Explanation:

Use the formal p • r • t

User Jonah Bishop
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