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5) $1,990 at 11.5% compounded annually for 2 years

5) $1,990 at 11.5% compounded annually for 2 years
asked 158k views
4 votes
5) $1,990 at 11.5% compounded
annually for 2 years

asked
User Sameem
by
8.3k points

1 Answer

6 votes

Answer:

$1,990 at 11.5% with annual compounding gives you a principal balance of $2,474.02

Explanation:

answered
User Flybywind
by
8.9k points
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