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April 20, 2014

April 20, 2014

Posted by **christopher** on Saturday, April 17, 2010 at 4:50pm.

$4000 is compounded annually at a rate of 11% for 3 years. (Round the nearest hundredths as needed)

- Math -
**tchrwill**, Saturday, April 17, 2010 at 5:25pmSn = P(1+i)^n

Sn = 4000(1.11)^3 = $5,470.52.

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