elinty08 elinty08

12-10-2021
Mathematics

contestada

Gael deposited $600 in an account that earns 7% interest
compounded annually. If he makes no withdrawals or deposits, how
much interest will the account earn after 7 years?

Respuesta :

12-10-2021

Over 7 years, there would be 49% increase, so 600 (1.49) = 894

$894

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