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1. How much interest is earned on $4,965 at 7% compounded monthly for 18 years?
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2 votes
1. How much interest is earned on $4,965 at 7% compounded monthly for 18 years?

User Mandi
by
3.7k points

1 Answer

3 votes
$6255.9

I did :
(4965/7)•18 to get it
If it’s wrong I am so sorry
User Blackdoor
by
4.6k points
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