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35 votes
35 votes
Suppose you deposit $1,000 in a savings account that pays interest at an annual rate of 5%. If no money is added or withdrawn from the account, answer the

following questions
a. How much will be in the account after 4 years?
b. How much will be in the account after 16 years?
c. How many years will it take for the account to contain $1,500?
d. How many years will take for the account to contain $2,000?

User Emiliano
by
2.9k points

1 Answer

12 votes
12 votes

Answer:

3 dollars 3 years

Explanation:

don't ask

don't ask

User Arslan Ali
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2.9k points