cainfearance32 cainfearance32

17-11-2021
Mathematics

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Ernie deposits $9,800 into a pension fund. The fund pays a simple interest rate of 7%. What will the balance be after four years?

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churbudda churbudda

17-11-2021

Answer:

$12,845.80

Step-by-step explanation:

take the first number and go +7%. repeat four times

hope this helps :-)

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