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Mathematics, 01.07.2020 15:01 cindy978

Mr. Diaz deposits $7000 in an account that earns compound interest. The annual interest rate is 8%, and the interest is compounded twice a year. To the nearest cent,
what will the account balance be after 5 years if Mr. Diaz makes no further deposits or
withdrawals?

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Answers: 2

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Mr. Diaz deposits $7000 in an account that earns compound interest. The annual interest rate is 8%,...

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