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Mathematics

Answered

Amount Accumulated: ?
Principal: $1,000
Interest Rate: 4%
Time: 2 years

need answer ASAP

Answer :

Mtran7131go Mtran7131go

Answer:

Year 1

4% of $1,000 is $40

Year 2

4% of $1,040 is $41.6

The Princple has accumulated $1,081.60 dollars.

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