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schoolishgeek
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(30 POINTS) how do you solve this? in need of help on the question not the awnser. show how to solve please :) it is a 30 point question. i showed the link with the image is below. thanks so much to everyone.

(30 POINTS) how do you solve this? in need of help on the question not the awnser. show how to solve please :) it is a 30 point question. i showed the link with class=

Verified Answer :

OrangeBrain

$50,400
Multiply $2,000 by 0.05 (because that's 5% converted to decimal) and you should get $100. Add that to $2,000 (which is $2,100) and multiply it by 4 because you're depositing 4 times a year. You should then get $8,400 and multiply it by 6 and you get your answer

ashtonlauber95

I agree it is $50,400

Multiply $2,000 by 0.05 (because that's 5% converted to decimal) and you should get $100. Add that to $2,000 (which is $2,100) and multiply it by 4 because you're depositing 4 times a year. You should then get $8,400 and multiply it by 6 and you get your answer



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