tweetych85
tweetych85 tweetych85
  • 11-10-2020
  • Mathematics
contestada

Use the compound interest formula to compute the total amount accumulated .
$1060 for 5 years at 7% compounded annually

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ibsux
ibsux ibsux
  • 11-10-2020

Answer:

1486.7

Step-by-step explanation:

1060*(1+0.07)^5 = 1486.705

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