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posted by Lindsey Wednesday, December 15, 2010 at 9:02pm.
find the amount of money in a bank account given the following conditions. Initial deposit= $2000, annua rate= 5.5%, time= 4 years?
Pt = Po + r*t*Po, Pt = 2000 + 0.055*4*2000, Pt = 2000 + 440 = 2440.
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