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Mathematics, 16.09.2021 06:50 teddylove2643

If you invest $7100 in a fund that pays 10% annual interest compounded monthly (12 times per year), how much will you have after 6 years? Use the formula for compound interest: A=P(1+r/n)^nt


If you invest $7100 in a fund that pays 10% annual interest compounded monthly (12 times per year),

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