gulsueldek95642 gulsueldek95642

12-04-2018
Mathematics

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Mary deposits $7,500 into a bank. She can’t withdraw or deposit any more money for 6 years. She earn 6% interests during that time.

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musiclover10045 musiclover10045

12-04-2018

formula = P(1+r)^t

7500 * (1.0.06)^6

7500 *(1.06)^6

$10,638.89 after 6 years

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