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$700 principal earning 5%, compounded monthly, after 9 years

$700 principal earning 5%, compounded monthly, after 9 years
asked 203k views
5 votes
$700 principal earning 5%, compounded monthly, after 9 years

asked
User Christian Casutt
by
8.2k points

1 Answer

5 votes
1,096.79
because
700*(1+.05/12)
answered
User Nev
by
8.0k points
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