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Asked by kathy

In this exercise, assume that there are no deposits or withdrawals.

An initial deposit of $900 earns 13% interest, compounded monthly. How much will be in the account in
7 1/2
years? (Round your answer to the nearest cent.)
4 years ago

Answers

Answered by oobleck
900(1 + 0.13/12)^(12 * 7.5) = _____
4 years ago
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