In each of the following cases, calculate the balance in a bank account after the specified number
Question:
a. $300 deposited at 8 percent interest for 15 years.
b. $4,200 deposited at 3 percent interest for 40 years.
c. $525 deposited at 6 percent interest for 5 years.
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a 95165 b 1370056 c 70257 E xplanation The interest rate is the amount of interest paid on ...View the full answer
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