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What is 500 dollars at 4% for 3 years

What is 500 dollars at 4% for 3 years
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What is 500 dollars at 4% for 3 years

User Kramer Li
by
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1 Answer

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500 + ((100 + 4)/(100))^(3) = $562.432.

original amount + ((100 + percentage) / 100)^number of years
User Sohan Das
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7.9k points
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