Chapter9: Sequences, Probability And Counting Theory
Section9.4: Series And Their Notations
Problem 62SE: Rachael deposits $1500 into a retirement fund each year. The fund earns 8.2% annual interest,...
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Question
Calculate the amount of money you'll have at the end of the indicated time period.
You invest
$2000
in an account that pays simple interest of
6%
for
10
years.The amount of money you'll have at the end of
10
years is
$.
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