purechrxs purechrxs

09-02-2021
Mathematics

contestada

Alexander invested $320 in an account paying an interest rate of 1.5% compounded annually. Assuming no deposits or withdrawls were made , how much money , to the nearest hundred dollars , would be on the account after 18 years

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gabrielleb13 gabrielleb13

09-02-2021

Answer:

The amount is $418.35 and the interest is $98.35

Step-by-step explanation:

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