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20-01-2022
Mathematics

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Matthew invested $200 at an interest
rate of 5%, compounded monthly.
How much is his investment worth
after 6 years?

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Аноним Аноним

20-01-2022

Answer:

$10

Step-by-step explanation:

Given equation:

5% of $200

We simplify the equation to get the answer.

200 * 0.05
= 10.

After 6 years, The investment worth will be $10.

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