(c) Marlene invests $550 at a rate of 1.9% per year compound interest
2 answers:
Answer:
663.90
Step-by-step explanation:
use a compound intrest calculator
Answer:
$ 663.90
Step-by-step explanation:
Calculate the amount (A) using
A = P
where P is the principal, r is rate of interest and t is time in years
Here P = $550, r = = 0.019 and t = 10 then
A = 550
= 550
= $ 663.90
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