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Suppose Teresa places $ 7000 in an account that pays 16% interest compounded each year. Assume that no withdrawals are made from the account.
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Suppose Teresa places $ 7000 in an account that pays 16% interest compounded each year.

Assume that no withdrawals are made from the account.

User Msgre
by
5.8k points

1 Answer

1 vote

Answer:

7000+16%=8120

Explanation:

User Vansan
by
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