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10-01-2022
Mathematics

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60000$ increases by 2 percent each year. Starting in 2019 what will it be in 2025

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10-01-2022

Answer:

$67,200

Step-by-step explanation:

Interest = original amount times time (in years) times percent (decimal form)

I = 60000 * (2025 - 2019) * 0.02

I = 60000 * 6 * 0.02

I = 7200

Total amount = original amount plus interest

T = 60000 + 7200

T = 67200

I hope this helped and please mark me as brainliest!

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