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Assume that Brad makes an initial investment of $2,000. Use your formula to find the final balance of the savings account after 15 years.

Assume that Brad makes an initial investment of $2,000. Use your formula to find the final balance of the savings account after 15 years.
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Assume that Brad makes an initial investment of $2,000. Use your formula to find the final balance of the savings account after 15 years.

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User Sergio Clemente
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8.3k points

1 Answer

3 votes

Answer:

The formula is 2000 x (1 + Rate/100)^15

answered
User Jenya Kirmiza
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