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10 August, 22:36

year ago Suppose you deposit $450 into a savings account that pays 4.3% annual interest. How much will you have in the account after 3 years if no money is added or withdrawn

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  1. 10 August, 22:57
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    A=p (1+r) ^t

    A=450 * (1.043) ^ (4)

    A=532.53

    Note:time=4 because year ago
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