Seudónimo Seudónimo

09-12-2016
Mathematics

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You deposit $2,900 into a bank account with a simple interest rate of 10% how do you find your account balance after 5 years

Respuesta :

bobbynichols365 bobbynichols365

09-12-2016

Formula: A = P(1 + rt)
P= 2,900
R= 10%
T= 5 years

Answer: $4,350.00

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