SOLUTION: Alec invested $1500 in an account with annually compounded interest. The account earns 4% annual interest. How much will Alec have in his account after 4 years?
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Question 1144950: Alec invested $1500 in an account with annually compounded interest. The account earns 4% annual interest. How much will Alec have in his account after 4 years?
Round to the nearest dollar. Do not round until the final step. Answer by ikleyn(52792) (Show Source):