Business, 29.10.2020 17:20 allieballey0727

Charles Adams deposited $1,000 in a savings account that earns 4% interest compounded monthly. He made no other deposits or
withdrawals. What was the amount in the account at the end of 2
months? How much is the compound interest?
$1,006.67 and $6.67
$1,013.67 and $13.67
О. $1,020.10 and $20.10
$1,040.40 and $40.40

Answers: 2

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Charles Adams deposited $1,000 in a savings account that earns 4% interest compounded monthly. He m...

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