01-10-2020
Mathematics

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Susan puts 20, 000 in a savings account paying 8% annual interest compounded monthly. At this rate, how much money will be in the account after 40 years?

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kamsyprincess13 kamsyprincess13

01-10-2020

Answer:

20000*8*40/100=32*2000=64000+2000084000

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