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Samantha invested $40,500 at 6% to be compounded annually. What will be the value of Samantha's investment in 3 years? Round your answer to the nearest cent. Note: Assume 3…

Samantha invested $40,500 at 6% to be compounded annually. What will be the value of Samantha's investment in 3 years? Round your answer to the nearest cent. Note: Assume 3…
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Samantha invested $40,500 at 6% to be compounded annually. What will be the value of Samantha's investment in 3 years? Round your answer to the nearest cent. Note: Assume 365 days in a year and 30 days in a month.

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User Nicolas Buduroi
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8.2k points

1 Answer

3 votes

Answer:

7.45

Explanation:

answered
User Wrapperapps
by
8.3k points
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