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17 April, 15:13

Alexander invested $320 in an account paying an interest rate of 1.5% compounded annually. Assuming no deposits or withdrawals are made, how much money, to the nearest hundred dollars, would be in the account after 18 years?

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  1. 17 April, 15:42
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    I think it is

    320 x (0,015^18) x 100
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