nnom7180 nnom7180

11-03-2021
Mathematics

contestada

Lucy invested $19,000 in an account paying an interest rate of 3% compounded annually. Assuming no deposits or withdrawals are made, how much money, to the nearest hundred dollars, would be in the account after 8 years?

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cewilsn1312 cewilsn1312

11-03-2021

23560
3% of 19k is 570
570*8=4560
4560+19000=23560
(I hope this is right)

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