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OpenStudy (anonymous):
Please guys I'm desperate I need the steps. If $13,000 is invested at a rate of 6% per year compounded monthly, Find the amount after 15 year?
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OpenStudy (kropot72):
\[A=13000(1+\frac{0.06}{12})^{15\times12}\]
OpenStudy (anonymous):
Thank You! You're the best!!!!
OpenStudy (kropot72):
You're welcome :)
OpenStudy (kropot72):
Have you calculated the answer yet?
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