1 Answered Questions for the topic Compound Interest & Exponential Growth/decay

Compound Interest & Exponential Growth/decay

05/11/17

Jasmine invests $2,717 . What will the account balance be after 20 years?
Jasmine invests $2,717 in a retirement account with a fixed annual interest rate of 8% compounded 12 times per year. What will the account balance be after 20 years?
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