Suppose Martina places $9000 in an account that pays 18% interest compounded each year. Assume that no withdrawals are made from the account. Find the amount in the account at the end of 1 year and 2 years.

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Chris Jung asked Apr 15, 2022

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Suppose Martina places $9000 in an account that pays 18% interest compounded each year.

Assume that no withdrawals are made from the account.
Find the amount in the account at the end of 1 year and 2 years.

Mathematics
college

Chris Jung asked Apr 15, 2022

by Chris Jung

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Answer: 1232

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Zhou Chang answered Apr 19, 2022

by Zhou Chang

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