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14.04.2023 12:46
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Diane invests $ 500 for 6 years at an annual interest rate of 4% compounded annually.
Diane invests $ 500 for 6 years at an annual interest rate of 4% compounded annually.
What is the amount of this investment after 6 years
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kaileyy06
5,0(90 marks)
120
Explanation:
Interest = P*r*t
I = ?
P = 500
r = ย 4%; 4/100 = 0.04
t = 6
I = 500(0.04)(6)
I = 120
noor2005
4,5(42 marks)
Explanation:
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