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A 2,400 deposit for 8 years compounded at an annual interest rate of 4.5%

A 2,400 deposit for 8 years compounded at an annual interest rate of 4.5%
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A 2,400 deposit for 8 years compounded at an annual interest rate of 4.5%

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User Amitsharma
by
8.9k points

2 Answers

6 votes

Answer:

2400*8*.045= 864+2400=3264

Explanation:

answered
User Jeremy Thake MSFT
by
8.8k points
3 votes

IF WE HAVE TO FIND INTEREST THEN THE ANS IS GIVEN IN ATTACHED PICTURE.

HOPE THIS WILL HELP U...

A 2,400 deposit for 8 years compounded at an annual interest rate of 4.5%-example-1
answered
User Aneesh Dogra
by
7.7k points
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