szdesdzfvaNEFN szdesdzfvaNEFN

31-08-2018
Mathematics

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3500 deposit earning 6.75% compounded monthley after six months

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cmoreno511 cmoreno511

31-08-2018

Formula A= p (1 + r/n) ^ nt A= 3500 (1 + 0.0675/12)^0.5(12) A= 3619.79863 When rounded will be A= 3,619.80

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