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22 October, 21:22

Lorena deposited 2372 into an account that earns 4.5 % interest which is compounded once a year how much money will lorena have in the account in 20 years

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  1. 22 October, 21:33
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    Lorena deposited $2372 into an account that earns 4.5% interest which is compounded once a year. How much money will Lorena have in the account in 20 years?

    =2372*1.045^20 = $5,720.59
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