kausarali kausarali

17-05-2020
Mathematics

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Find the amount that results from the given investments. $200 invested at 9% compounded after a period of 4 years

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ronhagrid310 ronhagrid310

17-05-2020

Answer:

The amount of invested money after a period of 4 years:

A = 200 x (1 + 9/100)^4 = 282.32 dollar

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