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Mathematics, 04.12.2020 02:40 unknown235

1 If $5000 is put into a savings account that pays 3.5% interest compounded monthly, how much
money, to the nearest ten cents, would be in that
account after 6 years, assuming no money was added
or withdrawn?
1) $5177.80
2) $5941.30
3) $6146.30
4) $6166.50

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Answers: 3

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