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OpenStudy (anonymous):
medal for best answer! Find the balance in the account $2,550 at 3% compound interest for 18 months A. $2,664.75 B. $2,665.61 C. $2,665.61 D. $2,689.35
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OpenStudy (anonymous):
You have to multiply £2,550 by 1.03 to find a years worth of interest. Then as it is compound interest you have to do the same to the answer you get from this until you reach 18 years.
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