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Mathematics, 29.09.2019 12:30 yaitzafigueroa

Brainliest + points! explain

what is the future value of the 10% savings from earnings of $187.45 if it earns 5% annual interest, compounded monthly for 30 years?

use the compound interest formula to estimate the present value.

a=p(1+r/n)^ nt

a.
$27.68

b.
$37.27

c.
$58.75

d.
$83.75

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Answers: 1

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