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09-04-2019
Mathematics

contestada

If $1,000 is deposited into a savings account offering 11% interest paid annually , approximately how much money will be in the account in 10 years?

12,100
11,000
3,123
1,227

Respuesta :

arinehar001 arinehar001

09-04-2019

Answer:

I think the answer would be $1,227.

Step-by-step explanation:

$1,000 x 0.11 = 110

110 x 10=1,100

So, I'm guessing you would round it up. I'm sorry if this is the wrong answer.

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