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7. A bank is advertising that new customers can open a savings account
with a 3.75%interest rate compounded annually. Robert invests $5,000 in
an account at this rate. If he makes no additional deposits or withdrawals
on his account, what amount of money will he will have, to the nearest
cent, after three years?

User Cotopaxi
by
4.9k points

1 Answer

4 votes

Answer:

18,750

Explanation:

First you just listen to what I tell you and you'll get the right answer

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User IceGras
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