valesanchez685 valesanchez685

Today at 4:00 AM
Mathematics

Answered

Amber deposited $1400 into an account that pays 5% interest compounded monthly. How much will Amber have in her account after
10 years?

Answer :

Aniza07 Aniza07

Today at 4:05 AM

Answer:

1400 divided by 5 = 280 times 10 = 2800.

Step-by-step explanation:

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spammingallowed spammingallowed

Today at 4:06 AM

Step-by-step explanation:

[tex]total \: months \: = 12 \times 10 = 120 \\ 5\%of \: 1400 = 70 \\ so \: 120 \times 70 = 8400 \\ total = 1400 + 8400 = 9800 \: dollar \\ thank \: you[/tex]

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