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7. A bank is advertising that new customers can open a savings account
with a 3.75%interest rate compounded annually. Robert invests $5,000 in
an account at this rate. If he makes no additional deposits or withdrawals
on his account, what amount of money will he will have, to the nearest
cent, after three years?

asked
User Cotopaxi
by
8.4k points

1 Answer

4 votes

Answer:

18,750

Explanation:

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answered
User IceGras
by
8.1k points

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