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12-03-2021
Mathematics

contestada

PLEASE HELP
If a bank pays you 1.5% compound interest each year for the money you deposit, how much will you have in the bank in 20 years if you deposit $500 in the bank today. Round your answer to the hundredths place.

Respuesta :

12-03-2021

Answer:

The amount is $8358.7 and the interest is $3858.7.

Step-by-step explanation:

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