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10 December, 18:13

Raul invests $1000 in a savings account that earns 5% interest compounded annually. how much money will he have in the account at the end of 5 years

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  1. 10 December, 18:40
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    Amount in the bank account = 1000 (1 + 0.05) ^5 = $1,276.28
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