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9 February, 13:48

If the APY of savings account is 4.7% and if the principal in the savings account is $4500 for an entire year what will the balance of the savings account after all the interest is paid for the year?

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  1. 9 February, 13:57
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    Total = 4,500 * (1.047) ^1

    Total = 4,711.5 0
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