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Brad deposited $4,000 into a savings account that earn 4% compound interest. How much interest did he earn after three years?
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4 votes
Brad deposited $4,000 into a savings account that earn 4% compound interest. How much interest did he earn after three years?

User Dr Fred
by
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1 Answer

4 votes

Answer:

5512

Explanation:

4900x1.04=5096

5096x1.04=5300

5300x1.04=5512

User FAISAL
by
7.5k points
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