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Mathematics, 09.02.2021 14:00 tushema1

1. Kate deposits $2,350 in an account that earns interest at a rate of 1.1%, compounded monthly. What is her ending balance after 5 years? Round to the nearest cent.

B = P (1+5) "
P =
r =
n =
t =


1. Kate deposits $2,350 in an account that earns interest at a rate of 1.1%, compounded

monthly.

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Answers: 2

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