Mathematics, 12.03.2020 03:36 eggoysters
Danny deposits $12,500 into a pension fund that invests in stocks. After a successful two years of investing in the stock market, the fund agrees to pay a simple interest rate of 12% per year. What will the balance on the account be after two years of earning interest at this rate?
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Danny deposits $12,500 into a pension fund that invests in stocks. After a successful two years of i...
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