a bank receives a initial deposit of 9,000, kept a percentage of 9% and loaned out the rest. The loan was paid back. If this cyc
le continued indefinately, how much money eventually resulted from the initial deposit.
1 answer:
9000/0.09=100000 ...................
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Answer:
Step-by-step explanation:
theres 4reds every 50 so do 50x4 then you times that by four 50x4=200 so do 200x4=800
The answer is 6.601, and therefore, the second option.