Business
Business, 02.10.2019 18:30, laurydamas2002

An amount of $40,000 is deposited in a bank that pays interest at the rate of at 9%/year compounded annually. what is the total amount on deposit at the end of 10 years, assuming there are no deposits or withdrawals during those 10 years?

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An amount of $40,000 is deposited in a bank that pays interest at the rate of at 9%/year compounded...

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