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You deposit $2500 in an account earning 3% interest. Find the amount in 20 years if the money compounds ANNUALLY.
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You deposit $2500 in an account earning 3% interest.

Find the amount in 20 years if the money compounds ANNUALLY.

User Mickey Tin
by
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1 Answer

5 votes

Answer:

$4,515.28

Explanation:

In 20 years you will have $4,515.28 If there is a 3% interest rate

User LachlanG
by
8.5k points
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