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Sh9arlyHyell Sh9arlyHyell
  • 17-01-2017
  • Mathematics
Answered

$1,200 is invested in an account earning 6.5% interest compounded annually. how much will there be in the account after 3 years?

Verified Answer :

Dynonisius
Dynonisius Dynonisius
  • 17-01-2017

1449.54 dollars

1.065³ = 1.207945
1.207945 . 1200 = 1449.54

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