tymstr1882 tymstr1882

13-04-2021
Mathematics

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You deposit $500 in an account that pays 4% interest compounded yearly. What is the balance after 5 years?

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Аноним Аноним

13-04-2021

Answer:

100$

Step-by-step explanation:

Since [tex]4%[/tex]% of [tex]500[/tex]=[tex]20,[/tex] then [tex]20x5=100[/tex]

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