wesleykersting wesleykersting

31-01-2022
Mathematics

contestada

Taiya invests $4,848 in a savings account with an interest rate of 5% compounded annually. What will Taiya's account balance be after 6 years?

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kipkoechdenis15 kipkoechdenis15

31-01-2022

Answer:

$6496.78

Step-by-step explanation:

[tex]A=P(1+r)^{t} \\A=4848(1+0.05)^{6}\\ A= $6496.78[/tex]

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