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15 March, 16:52

Caelan has $ 7,500 in an account that earns 3.2% compounded interest annually. If she doesn't touch the money, how much will it be after 5 years?

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  1. 15 March, 17:15
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    7500 (1+0.032) 5=

    1.032 to the power of 5 = 1.171

    7500x 1.171=8,782
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