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$4000 into a account with 4.8 percent interest assuming no withdrawals are made how much will be n account after 9 years

Respuesta :

Answer:

$5728

Step-by-step explanation:

$4000 is deposited into an account with 4.8% interest.

We assume that there are no withdrawals from the account.

Then we are asked the determine the amount will be there in the account after 9 years.

From the formula of simple interest, the final amount in the account after 9 years will be [tex]4000(1 + \frac{4.8 \times 9}{100}) = 5728[/tex] dollars. (Answer)

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