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Mathematics
Compound Interest
Calculating Future Value
Find the balance after 10 years of a $30,000 savings account that pays 10% interest compounded yearly.(1 point) Responses $33,154.81 $33,154.81 $77,812.27 $77,812.27 $112,070.90 $112,070.90 $2,245,256.05
1 answer
The correct answer is $77,812.27.
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