Twistie Twistie

16-03-2017
Mathematics

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Suppose that $4500 is placed in an account that pays 8% interest compounded each year. Assume that no withdrawals are made from the account. Follow the instructions below. Do not do any rounding.
find the amount at the end on one year
find the amount at the end of two years

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unicornqueen234 unicornqueen234

16-03-2017

$4860= 1 year
$9720=2 years

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