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Boden's account has a principal of ​$800 and a simple interest rate of 3.3%. How much money will be in the account after 4​ years, assuming Boden does not add or take out a…

Boden's account has a principal of ​$800 and a simple interest rate of 3.3%. How much money will be in the account after 4​ years, assuming Boden does not add or take out a…
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Boden's account has a principal of ​$800 and a simple interest rate of 3.3%.

How much money will be in the account after 4​ years, assuming Boden does not add or take out any​ money?

User Anov
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1 Answer

11 votes

Answer: 800 x 1.033^4 = 910.94 (result is rounded)

Explanation:

User StellaMaris
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