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

asked Oct 25, 2021 153k views

4 votes

Suppose Teresa places $ 7000 in an account that pays 16% interest compounded each year.

Assume that no withdrawals are made from the account.

by Msgre

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1 vote

Answer:

7000+16%=8120

Explanation:

Vansan answered Oct 29, 2021