Cheryl made a one-time deposit at Eagle Savings & Loan of $6,400. The bank offers a 4.5% interest rate compounded annually. What is the amount of interest Cheryl will earn at the end of 5 years? A $7,975.

Zapcost asked Feb 17, 2022

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Zapcost asked Feb 17, 2022

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21 votes

Answer: my teacher reviewed this problem so here you go sorry its late

Step-by-step explanation:

1,575.56

Sardar answered Feb 21, 2022

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