Answered: 2,000 for 2 years at 4.5% compounded…

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Algebra

2,000 for 2 years at 4.5% compounded monthly. Find the total amount accumulated.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter7: Exponents And Exponential Functions

Section7.7: Writing Exponential Functions

Problem 8CYU

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2,000 for 2 years at 4.5% compounded monthly. Find the total amount accumulated.

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