allicatt15 allicatt15

26-05-2024
Mathematics

Answered

Suppose $4000 is placed in an account that pays 18% interest compounded each year. Assume that no withdrawals are made from the account. Do not do any rounding.

A) find the amount in the account at the end of 1 year
B) find the amount in the account at the end of 2 years

Answer :

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