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14 July, 03:54

An investment pays 4.6% annual interest compounded monthly. If $3100 is

invested in this account. what will the balance be after 18 years?

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  1. 14 July, 03:56
    0
    I think it's 2566.8 if 4.6 is taken out of the account annually. I think that is what it is asking ... I'm only 13 so I'm not great at these yet but it should be right because I'm really good at math
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