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  • 10-12-2016
  • Business
contestada

$700 principal earning 5%, compounded monthly, after 9 years

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Аноним Аноним
  • 14-12-2016
B=P(1+r/n)^nt 

B=Balance 
P=Principle 
R=rate 
n=number of times compounded per year 
t=number of years 

Plug in the values.

I hope my answers has come to your help. God bless and have a nice day ahead!
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