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Suppose you deposit $6000 in an account with an annual interest rate of 4%. If the interest in compounded monthly, what is the balance after 10 years?

Suppose you deposit $6000 in an account with an annual interest rate of 4%. If the interest in compounded monthly, what is the balance after 10 years?
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6 votes
Suppose you deposit $6000 in an account with an annual interest rate of 4%. If the

interest in compounded monthly, what is the balance after 10 years?

asked
User Daveagp
by
8.1k points

1 Answer

0 votes

Answer:

5760

Explanation:

answered
User RexE
by
8.4k points
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