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Suppose that $ 2000 is invested at a rate of 5.6 % , compounded annually. Assuming that no withdrawals are made, find the total amount after 6 years....

Suppose that  $2000 is invested at a rate of 5.6%, compounded annually. Assuming that no withdrawals are made, find the total amount after 6

 years.Do not round any intermediate computations, and round your answer to the nearest cent. 

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Th e total amount... View the full answer

3 comments
  • what is the answer when rounded to the nearest cent?
    • jchiaf
    • Apr 20, 2018 at 7:38pm
  • It is 2773.4.
    • swansonsoe
    • Apr 20, 2018 at 7:42pm
  • the answer was 2773.41
    • jchiaf
    • Apr 20, 2018 at 7:44pm

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