rodriguezkeila026 rodriguezkeila026

11-02-2022
Mathematics

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Suppose your friend's parents invest $20,000 in an account paying 6% compounded annually. What will the balance be after 5 years?

Respuesta :

futaboi27658 futaboi27658

11-02-2022

Step-by-step explanation:

if you invest $20,000 with 6% compounded interest annually over the span of 5 years the interest would be $6,765 with a total of $26,765

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