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3) Shelley deposits $605 into an account that earns 5% compound interest each year. Calculate the interest she earns after 3 years.

3) Shelley deposits $605 into an account that earns 5% compound interest each year. Calculate the interest she earns after 3 years.
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3) Shelley deposits $605 into an account that earns 5% compound

interest each year. Calculate the interest she earns after 3 years.

User Robert Siemer
by
8.1k points

1 Answer

3 votes
AWNSER: $90.75

Shelly earns $90.75 in compound interest after 3 years. All together she has $695.75.
3) Shelley deposits $605 into an account that earns 5% compound interest each year-example-1
User Pransh Tiwari
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