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6. (10 points) Dr. Grossnickle put $2000 into a high interest savings account that has an annual interest rate of 3.5%. If the interest is compounded monthly, how much money wil…
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6. (10 points) Dr. Grossnickle put $2000 into a high interest savings account that has an annual interest rate of 3.5%. If the interest is compounded monthly, how much money wil…
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Nov 1, 2021
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6. (10 points) Dr. Grossnickle put $2000 into a high interest savings account that has an
annual interest rate of 3.5%. If the interest is compounded monthly, how much money will
be in the account after 3 years?
Mathematics
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Answer:
B(t)= 300*1.03^t
Explanation:
Bernardo Marques
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Nov 8, 2021
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Bernardo Marques
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