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01-04-2020
Mathematics

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Cameron's grandpa opened up a savings account for him on his fifth birthday. They deposited $5000 in his account that had a simple interest rate of 6%. Carmen leaves money in the account for 18 years. What formula would you use to solve this problem

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C2004simmons C2004simmons

01-04-2020

Answer:

A=5000(1+(.6)18)

Solve for A, and there you are!

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