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A deposit of $10,000 is made in an account that receives 10% interest, compounded monthly. How much money will the account contain after five years?
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A deposit of $10,000 is made in an account that receives 10% interest, compounded monthly. How much money will the account contain after five years?

User YONGSOO KIM
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1 Answer

5 votes

Answer:

45,000

Explanation:

User Igor Artamonov
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5.9k points
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