MeNTheDevil2888 MeNTheDevil2888
  • 11-11-2017
  • Mathematics
contestada

What is the total amount that first consumer bank revive after lending Jane $7,000 for three years at an interest rate of 5 percent compounded annually

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Ava45018 Ava45018
  • 11-11-2017
Answer: $8103.38 because:
7000(1+.05)^3 
Hope this helps!!!!!!
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