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If you invest $17000 for 6.75 years at 3.03% per annum, with interest compounded monthly, what will your total investment be worth at the end of the period? $_______________ (tw…

If you invest $17000 for 6.75 years at 3.03% per annum, with interest compounded monthly, what will your total investment be worth at the end of the period? $_______________ (tw…
asked 27.0k views
4 votes
If you invest $17000 for 6.75 years at 3.03% per annum, with

interest compounded monthly, what will your total investment be
worth at the end of the period? $_______________ (two decimal
places)

asked
User Jeremy Pearson
by
8.3k points

1 Answer

2 votes

Answer:

20794.76

Step-by-step explanation:

compund interest =(1+r/100)^time

answered
User Mahmoud
by
8.6k points
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