Answer:
In 19 years, the investment will be worth $19973.34
Step-by-step explanation:
The compound interest formula is :
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p = 11100
r = 3.1% or 0.031
t = 19
n = 12 (compounded monthly)
Now, putting these values in the formula we get;
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=> @@MATH_TOKEN_2@@
A = $19973.34
