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14-05-2020
Mathematics

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Caelan has $ 7,500 in an account that earns 3.2% compounded interest annually. If she doesn't touch the money, how much will it be after 5 years?

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boneshat1 boneshat1

14-05-2020

7500(1+0.032)5=

1.032 to the power of 5= 1.171

7500x 1.171=8,782

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