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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.
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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.

User Jack Gore
by
8.0k points

1 Answer

5 votes

Answer:

11012.4

Explanation:

4 + 11000 = 11004

11004 + 8.4 = 11012.4

User Nomeswaran
by
6.4k points
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