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yvosslaneFelittlet yvosslaneFelittlet
  • 24-02-2017
  • Mathematics
Answered

The exponential rise in balance on an initial investment of $3,000 over 25 years at 2.5% apr. after 20 years about how much interest has the investment earned

Verified Answer :

Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 25-02-2017

Fv=3000(1+0.025)^25=5,561.83

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