Isabel deposits $6,000 into an account that earns 1.5% interest compounded monthly. assuming no more deposits and no withdrawals are made, how much money is in the account after 4 years? compound interest formula: t = years since initial deposit n = number of times compounded per year r = annual interest rate (as a decimal) p = initial (principal) investment v(t) = value of investment after t years
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Isabel deposits $6,000 into an account that earns 1.5% interest compounded monthly. assuming no more...
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