phillipskatrina phillipskatrina

20-04-2017
Mathematics

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You want to deposit 12000 in a bank at an interest rate of 8 percent per year. What is the future value of this money after five years

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rbowman565 rbowman565

20-04-2017

the value of the money is 16800, use the equation y=P(1+rt) y=12000(1+.08x5) y=16800

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