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$7500 for 3 years at 6.5% compounded monthly. The total amount accumulated for 3 years is $__?

 Nov 2, 2015
 #1
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A =  7500 ( 1 + .065/12)^(3 * 12)   =   about $ 9110.04

 

 

cool cool cool

 Nov 2, 2015
edited by CPhill  Nov 2, 2015

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