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Can someone please help me​

Can someone please help me​-example-1
User MACEE
by
2.7k points

1 Answer

5 votes

9514 1404 393

Answer:

$24,670.42

Explanation:

Assuming interest is compounded, the account value is multiplied each year by (1 + 8.25%) = 1.0825. After 25 years, the account value is ...

$3400·1.0825^25 = $24,670.42

User DAngelov
by
3.4k points