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Bob invests $500 into an account with 4.5% interest compounded monthly. How much money will be in the account in 9 months? A. $522.97 B. $517.13 C. $743.05 D. $674.56 For my brother
asked
Feb 28, 2023
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Bob invests $500 into an account with 4.5%
interest compounded monthly. How much money
will be in the account in 9 months?
A. $522.97
B. $517.13
C. $743.05
D. $674.56
For my brother
Mathematics
high-school
Theo Itzaris
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100 + 4.5 = 104.5
/100 = 1.045
500 x 1.045^9
= $ 743.05
So C
Spinner
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Mar 5, 2023
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Spinner
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