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$2,400 principal earning 2%, compounded annually, after 7 years

$2,400 principal earning 2%, compounded annually, after 7 years
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2 votes
$2,400 principal earning 2%, compounded annually, after 7 years

User Cohen
by
8.0k points

2 Answers

0 votes
equation i think is 2,400(1+[\
(2)/(100))nt

so i think the answer is 14 lol i could be wrong i did this so long ago...
User Otterfan
by
7.6k points
4 votes

Answer:

The answer is 2,765.85 dollars. Thanks.

Explanation:


User Artina
by
7.8k points
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