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27 May, 07:35

Find the balance in the account after the given period.

$2000 principal earning 3 % compounded annually, 4 years

The balance after 4 years will be $?

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Answers (1)
  1. 27 May, 07:55
    0
    2240

    Step-by-step explanation:

    I think you find 3% of 2000 which is 60

    Then you multiply that by 4 which is 240

    Add it to the 2000

    and get 2240
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