Mathematics
Mathematics, 08.04.2021 23:00, borgesalfonso12

Suppose Teresa places $4500 in an account that pays 13% interest compounded each year. Assume that no withdrawals are made from the account.
Follow the instructions below. Do not do any rounding.
(a) Find the amount in the account at the end of 1 year.
(b) Find the amount in the account at the end of 2 years.
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Answers: 2

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Suppose Teresa places $4500 in an account that pays 13% interest compounded each year. Assume that...

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