Stuck i need help please

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asked Jun 8, 2019 106k views

1 Answer

Rujmah · Answer 1 · 2019-06-14T01:52:11+0000

Use the formula for compound interest.
A = P(1 +r)^t
Fill in the given values and do the arithmetic.
A = 3100(1+.035)^9
A = 4224.98

After 9 years, the investment will be worth $4,225.

Stuck i need help please

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