adam8784 adam8784
  • 22-02-2022
  • Mathematics
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What is the total amount that Matthew’s bank will receive after lending him$8,000 for four years at an interest rate of 6 percent, compounded annually?

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lunaperezz1
lunaperezz1 lunaperezz1
  • 22-02-2022
It would be $10,099.82
A=8000(1+0.06/1)^4•1
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