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Today at 12:34 PM
Mathematics

Answered

Suppose that
$8500
is placed in an account that pays
11%
interest compounded each year. Assume that no withdrawals are made from the account.

Answer :

Аноним Аноним

Today at 12:39 PM

you can use the equation P(1+(n/t))^(n) to find the amount after time (t), given the starting amount(P) and the number of times compounded (n)

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