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Mathematics, 19.03.2021 21:20 hrcatena

Mr. Diaz deposits $7000 in an account that earns compound interest. The annual interest rate is 8%, and the interest is compounded twice a year. To the nearest cent, what will the account balance be after 5 years if Mr. Diaz makes no further deposits or withdrawals?

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Mr. Diaz deposits $7000 in an account that earns compound interest. The annual interest rate is 8%,...
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