The formula for compound interest is A = P(1+r)', where A is the accrued amount after t
years,...
Mathematics, 23.04.2020 21:04 elijahcraft3
The formula for compound interest is A = P(1+r)', where A is the accrued amount after t
years, P is the starting principal, and r is the annual interest rate expressed as a decimal. If
you invest $1000 at an interest rate of 7% and leave it there for 30 years, what would your
ending balance be? Round your answer to the nearest cent.
Answers: 2
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Could someone me with this question i’ve been stuck on it for 20 minutes
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