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You invest $400 for 5 years and the interest rate is 4.29% each year

You invest $400 for 5 years and the interest rate is 4.29% each year
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You invest $400 for 5 years and the interest rate is 4.29% each year

User Bemis
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1 Answer

6 votes
The answer to the problem is y=400(1+.0429)5
User Dentex
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