hailinliang11 hailinliang11

03-04-2021
Mathematics

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Ryan invests $8,361 in a savings account with a fixed annual interest rate of 4.31% compounded monthly. After 10 years, what will be the balance in the account?

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jc193669 jc193669

03-04-2021

Answer:

12,750

Step-by-step explanation:

After investing for 10 years at 4.31% interest, your $8,361 investment will have grown to $12,750

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