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5 July, 18:34

Suppose 6000 is placed in an account that pays 3% interest compounded each year. Assumed that no withdrawals are made from the account.

Find the amount at the end of one year?

Find the amount in the account at the end of two year.

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  1. 5 July, 18:49
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    Find the amount at the end of one year? $6180

    Find the amount in the account at the end of two year. $6365.4
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