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If you deposit $1000 into an account paying 2% annual interest compounded monthly, how much money will you have in 6 years?
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25 votes
If you deposit $1000 into an account paying 2% annual interest compounded monthly, how much money will

you have in 6 years?

User Eddex
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1 Answer

8 votes
120$ in six years because 20$ every year




User Fuzz
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