Mathematics, 22.05.2020 02:03 987654321156
Rob deposits $1,000 in a savings account at New York State Bank that pays 4.4% interest, compounded monthly.
How much is in his account at the end of seven years?
a. $1,359.94
c. $20,591.47
b. $1,360.39
d. $21,277.11
After how many years will the account triple in value?
a. 7 years
c. 25 years
b. 21 years
d. 29 years
Answers: 2
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Rob deposits $1,000 in a savings account at New York State Bank that pays 4.4% interest, compounded...
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