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29 April, 16:49

Tyler deposits $1500 of the $3200 he has earned in an account that pays 4% interest compounded annually ... How much will he have in 1 year?

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  1. 29 April, 18:56
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    I=prt

    I=1500 (0.04) (1)

    1500•0.04•1 = $60
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