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You deposit $450 in an account that pays 6% interest compounded yearly. What is the account balance after 6 years?

You deposit $450 in an account that pays 6% interest compounded yearly. What is the account balance after 6 years?
asked 217k views
8 votes
You deposit $450 in an account that pays

6% interest compounded yearly. What is
the account balance after 6 years?

asked
User Kamyar Ghasemlou
by
8.2k points

1 Answer

11 votes

Answer:

638.33

Explanation:


450(1+.06)^6

please rate and mark as brainles.t

answered
User Tunji
by
7.7k points
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