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15 July, 22:51

Robert invests $800 into an account at 1.8% interest compounded annually. He will

make no deposits or withdrawals on this account for 3 years. Which formula could be

used to find the balance, in the account after 3 years?

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Answers (1)
  1. 15 July, 23:58
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    Final Amount=800 (1+.018/1) ^3 times 1
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