Onepainixjane Onepainixjane

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Mathematics

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jon invests $4,100 into an account that pays 5 percent simple interest each year. what is the total balance in the account after 3 years?

Answer :

isaacgaitonde isaacgaitonde

Today at 1:21 AM

A=P(1+r/n)^nt
A=4100(1+.05/1)^1(3)
A=4746.26

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