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28 January, 23:38

Molly invested $12,000 in an account with an interest rate of 6%. What is the amount in Molly's account after 6 years if the interest was compounded annually? A) $5,022.23B) $17,022.23C) $22,044.46D) $170,222.26

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  1. 29 January, 01:56
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    B. using the formula for interest rate would come out to 17,022
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