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  • 13-06-2017
  • Mathematics
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Suppose that
$8500
is placed in an account that pays
11%
interest compounded each year. Assume that no withdrawals are made from the account.

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Аноним Аноним
  • 13-06-2017
you can use the equation P(1+(n/t))^(n) to find the amount after time (t), given the starting amount(P) and the number of times compounded (n)
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