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$3,900 at 1% compounded annually for 6 years
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2 votes
$3,900 at 1% compounded
annually for 6 years

User Dmitry Leskov
by
9.1k points

1 Answer

4 votes

_____________________________

A = P (1 + 1%) n

= 3,900 (1 + 1%) ⁶

= $4,139.92

_____________________________

User Kshenoy
by
8.7k points
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