carlenejacob2772 carlenejacob2772
  • 21-02-2020
  • Business
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Billy currently has $500 in an account that earns 12% APR, compounded monthly. Assuming he doesn't withdraw any of the funds, how much will his balance be in 6 years?

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adoyle151
adoyle151 adoyle151
  • 21-02-2020

Answer:

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