kevinadarmes kevinadarmes

21-11-2019
Mathematics

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Ron Jon is depositing $400 into a savings
account with an annual interest rate of 9%
compound interest. How much money is he
expected to have in his account next year if he
makes no deposits or withdrawals?

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Mtoussaint011 Mtoussaint011

21-11-2019

Answer:436

Step-by-step explanation:

(400x9x1)÷100=36

400+36=436

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