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2 December, 15:19

Amy invests $10,000 in an account that pays 1% compound interest annually. She uses the expression P (1+r) t to find the total value of the account after t years. What will be the total value of the account after 10 years?

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  1. 2 December, 15:21
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    10000 (1+0.01) ^10 = 11046.22

    The value would be $11046.22
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