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7700 dollars is placed in an account with an annual interest rate of 5.75%.  How much will be in the account after 24 years, to the nearest cent?

 Aug 27, 2020
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FV = 7,700 *1.0575^24  

FV =7,700 *  3.82585957

FV =$29,459.12 - what $7,700 will be worth in 24 years.

 Aug 27, 2020

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