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Mathematics

Answered

Joseph deposited $1,800 into an account
that earns compound interest at an annual
rate of 6% interest. If he leaves the money in
the account for 5 years, what will be the total
balance?

Answer :

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Answer:

$2,340

Step-by-step explanation:

1,800*0.06=108

108*5=540

1,800+540= 2,340

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