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OpenStudy (anonymous):
Bobbi saved $1,000 in the bank. She decided to leave it there for 5 years. Find the amount of money Bobbi will have in her account after 5 years if she chooses 6.9% interest compound annually.
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OpenStudy (anonymous):
P(1+R/N)^NT 1,000(1+.069)^5
OpenStudy (anonymous):
She will have about $1396?
OpenStudy (anonymous):
yes
OpenStudy (anonymous):
Thank you :)
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