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Help please ??????????????
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3 votes
Help please ??????????????

Help please ??????????????-example-1
User Fionna
by
7.1k points

1 Answer

2 votes

Answer:

620.63

Explanation:

use the formula given

r= interest rate

n= numer of times it's compounding in a year

t= time

p= principle amount


400(1+(.04)/(12))^(12*11)=620.628

User Prince Goulash
by
7.4k points
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