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2 votes
Find the final amount of money in an account if

$
7
,
200
is deposited at
6
%
interest compounded annually and the money is left for
6
years.

User Yeniv
by
8.1k points

1 Answer

4 votes

Answer:

10213.33

Explanation:

use the formula to answer this question

principal=7,200

rate=0.06

compounded anually=1

time=6

Hope it helped..

Find the final amount of money in an account if $ 7 , 200 is deposited at 6 % interest-example-1
User ScottCate
by
7.7k points

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