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26-04-2018
Mathematics

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Suppose your friend's parents invest $ 10,000 in an account paying 7 % compounded annually. What will the balance be after 5 years?

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Аноним Аноним

26-04-2018

You use the formula Interest=principle (rate) time or i=prt. If you use that formula to solve, your answer will be 3,500. After five years, the balance will be $3,500.

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