Mario invested 6 dollars comma 000 in an account that pays 5 percent annual interest compounded annually. Using the formula cap A is equal to cap p times open paren 1 plus r close paren to the t th power , what is the approximate value of the account after 2 point 5 years?

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Revolt · Accepted Answer

6 dollars comma 778

Exponential and Logarithmic Functions - Test Test

Mario invested 6 dollars comma 000 in an account that pays 5 percent annual interest compounded annually. Using the formula cap A is equal to cap p times open paren 1 plus r close paren to the t th power , what is the approximate value of the account after 2 point 5 years?

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