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1) Joanie invested $4,500 into an account that pays 4,5% Interest compounded monthly for 10 years. What is the future value of the investment?

1) Joanie invested $4,500 into an account that pays 4,5% Interest compounded monthly for 10 years. What is the future value of the investment?
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1) Joanie invested $4,500 into an account that pays 4,5% Interest compounded monthly for 10

years. What is the future value of the investment?

asked
User Loca
by
7.9k points

1 Answer

5 votes

Answer:

$2025

Explanation:

Hope that helps!

answered
User Ashish Kasma
by
7.9k points
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