medhakaru medhakaru

21-06-2021
Mathematics

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Acri invested $500 for 3 years at the rate of 2.8% per year compound interest. Calculate the final amount he has after 3 years

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loconte loconte

21-06-2021

Answer:

[tex]A=P (1 + \frac{r}n)} ^{nt}[/tex]

A = 500(1 + .028/1)^ (3*1)

$543.19

Step-by-step explanation:

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