27-10-2016
Mathematics

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Find the amount in an account if $125,000 is invested at 1.08% compounded annually, for 12 years.

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jujuonthatfeet jujuonthatfeet

27-10-2016

$120,000 is the answer 125000*1.08=135,000 135000-125000=10,000
10,000*12=120,000

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