06-04-2018
Mathematics

contestada

Samantha deposited $650 into a savings account that pays 3.5% annually. After 6 years what will be the value of her investment in dollars?

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06-04-2018

Answer: Its value will become $799.02Explanation: An amount P invested at annual compounded rate of interest of r% for n years becomes P(1+r100)n

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