Mintfu5109 Mintfu5109

14-06-2018
Mathematics

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Mario invested $6.00 in an account that pays 5% annual interest compounded annually.using the formula A=P(1+r)t,what is the approximate value of the account after 2.5 years

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altavistard altavistard

14-06-2018

Here, A = $6(1+0.05)^2.5 = $6.78

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