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25.06.2021 •
Mathematics
$500 is placed in a savings account with an annual interest
rate of 2.5%. The amount of the investment in 5 years if
compounding occurs monthly is:
Solved
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Ответ:
$566.50
Step-by-step explanation:
a = 500(1 + .025/12)^(5 * 12)
a = 566.50
$566.50
Ответ: