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$1,300 at 5% for 6 years

$1,300 at 5% for 6 years
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4 votes
$1,300 at 5% for 6 years

User Mfc
by
8.3k points

1 Answer

3 votes

Answer:

$1742.12

Explanation:

I'm assuming it would be compounded annually so,

A = 1300(1 + 0.05)^6

A = 1742.12

User Texelate
by
8.8k points
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