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  • 03-04-2020
  • Mathematics
contestada

Word Problem
Felix's parents opened a savings
account for him when he was born with
a $2,000 deposit. The account earns 6%
compound interest, compounded
annually. How much money will be in
Felix's account when he is 21?

Respuesta :

qeurty qeurty
  • 03-04-2020

when Felix is 21 he will have $4520 in his bank account

Answer Link

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