Business, 13.09.2019 01:30 stotherow5
Financial contracts involving investments, mortgages, loans, and so on are based on either a fixed or a variable interest rate. assume that fixed interest rates are used throughout this question. addison deposited $1,000 in a savings account at her bank. her account will earn an annual simple interest rate of 5.8%. if she makes no additional deposits or withdrawals, how much money will she have in her account in 9 years?
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