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$9500 in an account that pays 9% interest compounded each year. Assume that no withdrawals are made from the account.

$9500 in an account that pays 9% interest compounded each year. Assume that no withdrawals are made from the account.
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$9500 in an account that pays 9% interest compounded each year. Assume that no withdrawals are made from the account.

User Steven Ventimiglia
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9.2k points

1 Answer

6 votes
$475 are added each year
User Mayen
by
7.7k points
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