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19-05-2022
Mathematics

contestada

Michael is investing $2500 at his bank. The savings account he chooses earns interest at a rate of 6%
annually. How much is in the account after four years?

Respuesta :

Аноним Аноним

20-05-2022

So

P=2500
R=6%
T=4years

Interest

I=PRT/100
I=2500(6)(4)/100
I=25(24)=$600

Amount

2500+600
$3100

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