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22 October, 12:14

What would be the value of $150 after years if you earn 12 percent interest per year?

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  1. 22 October, 12:32
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    If that interest is compounded yearly, the amount in the account would equal $168.

    Step-by-step explanation:

    To find this, we start by multiplying the principle by the percentage.

    $150 * 12% = $18

    Now we add that number to the original principle.

    $15 + $18 = $168
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