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03-04-2021
Mathematics

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How much will be in the account after 18 years to the nearest cent

How much will be in the account after 18 years to the nearest cent class=

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03-04-2021

Answer:

A = $34,494.79

Step-by-step explanation:

The total amount accrued, principal plus interest, with compound interest on a principal of $9,000.00 at a rate of 7.75% per year compounded 1 times per year over 18 years is $34,494.79.

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