zavanna05 zavanna05
  • 07-12-2022
  • Mathematics
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Suppose Lena places $5000 in an account that pays 12% interest compounded each year. Assume that no withdrawals are made from the account.
(a) Find the amount in the account at the end of 1 year.
(b) Find the amount in the account at the end of 2 years.

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