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16 January, 22:03

Lucas invests $12,500 in an account that earns 6.2% compound interest if Lucas does not make any additional deposits or withdrawals how much will be in his account after 16 months?

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  1. 16 January, 23:56
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    Assuming it is compounded monthly, Lucas will have $28,128,737.86 in his account after 16 months.
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