Mathematics, 27.01.2021 18:20 yasmin7740

7.7.5 Suppose your friend's parents invest $20,000 in an account paying 5% compounded annually. What will the balance be after 7 years?
The account balance will be $
(Round to the nearest cent as needed)

Answers: 2

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7.7.5 Suppose your friend's parents invest $20,000 in an account paying 5% compounded annually. Wha...

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More questions: Mathematics Another questions

7.7.5 Suppose your friend's parents invest $20,000 in an account paying 5% compounded annually. What will the balance be after 7 years? The account balance will be $ (Round to the nearest cent as needed)

Answers

Another question on Mathematics

7.7.5 Suppose your friend's parents invest $20,000 in an account paying 5% compounded annually. What will the balance be after 7 years?
The account balance will be $
(Round to the nearest cent as needed)