Interest

Perry has an opportunity to put $12,000 into an investment with an APR of 5.6% compounded annually.

Use the number of years you got as an answer in the previous to find out how much Perry’s balance would be at the end of that time. Round to one decimal place.

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asked by kelsey
  1. 12,000 (1.056)^n

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    posted by Damon

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