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OpenStudy (anonymous):
. Find the balance in the account. $700 principal earning 5%, compounded monthly, after 9 years $16,088.19 $1,085.93 $1,096.79 $79,380.00
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OpenStudy (amistre64):
you should have a formula in your material for this
OpenStudy (amistre64):
itis usually presented something like: \[A = P(1+r/n)^{nt}\]
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