SOLUTION: The principal represents an amount of money deposited in a savings account subject to compound interest at the given rate.
A. Find how much money there will be in the account a
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Question 1140840: The principal represents an amount of money deposited in a savings account subject to compound interest at the given rate.
A. Find how much money there will be in the account after the given number of years.
B. Find the interest earned.
Answer by ikleyn(52858) (Show Source): You can put this solution on YOUR website!
.
The formulation in the post is uncompleted, since it does not specify NEITHER a compounding period NOR a rate.
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