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OpenStudy (anonymous):
Leroy opened a savings account 25 years ago with a deposit of $3,080.43. The account has an interest rate of 3.7% compounded monthly. How much interest has Leroy earned?
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OpenStudy (anonymous):
How does this look to you. \[ y(t)=308043\cdot 1.037^t \]
OpenStudy (anonymous):
I get 5.68, is this the answer? Otherwise I got to recheck what I did.
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