The principal represents an amount of money deposited in a savings account subject to compound interest at the given rate. Principal Rate Compounded Time $4000 6% annually 2 years   A. Find how much money there will be in the account after the given number of years.   B. Find the interest earned.           A. The amount of money in the account after 2 years is?

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.7: Simple And Compound Interest
Problem 26E
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The principal represents an amount of money deposited in a savings account subject to compound interest at the given rate.
Principal
Rate
Compounded
Time
$4000
6%
annually
2 years
 
A. Find how much money there will be in the account after the given number of years.
 
B. Find the interest earned.
 
 
 
 
 
A. The amount of money in the account after 2 years is?
 
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