Find the interest earned in Mrs. Charlie's account after 4 years, if she had deposited $11,000 in her account. The bank pays a compound interest of 8.4% annually.

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MadeinQuant asked Oct 23, 2022

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Find the interest earned in Mrs. Charlie's account after 4 years, if she had

deposited $11,000 in her account. The bank pays a compound interest of 8.4%
annually.

Mathematics
high-school

MadeinQuant asked Oct 23, 2022

by MadeinQuant

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17 votes

Answer:

11012.4

Explanation:

4 + 11000 = 11004

11004 + 8.4 = 11012.4

Mhasan answered Oct 29, 2022

by Mhasan

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