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Mr. Smith opened an account with a deposit of $750. The bank pays 6% interest compounded annually on this account. Mr. Smith makes no additional deposits or withdrawals. How muc…

Mr. Smith opened an account with a deposit of $750. The bank pays 6% interest compounded annually on this account. Mr. Smith makes no additional deposits or withdrawals. How muc…
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Mr. Smith opened an account with a deposit of $750. The bank pays 6% interest compounded annually on this account. Mr. Smith makes no additional deposits or withdrawals. How much interest will the account have earned at the end of 4 years? *

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User TooAngel
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1 Answer

1 vote

The final balance is $897.51

Explanation:

answered
User Leatrice
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7.8k points
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