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James deposited $20,000 into an account that earns 6.75% compound interest, compounded annually. How much interest will James earn after 5 years? Round to the nearest cent if ne…

James deposited $20,000 into an account that earns 6.75% compound interest, compounded annually. How much interest will James earn after 5 years? Round to the nearest cent if ne…
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James deposited $20,000 into an account that earns 6.75% compound interest, compounded annually. How much interest will James earn after 5 years? Round to the nearest cent if necessary

asked
User MeChris
by
8.0k points

1 Answer

10 votes

Answer:

then if u round to the nearest cent it would be 15 cent

Explanation:

answered
User EliteTUM
by
8.7k points
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