eternity1259
Answered

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6) Manert's grandfather put $8000 in the bank for him when he was 5. The account has been
earning 4% interest compounded annually. Manert is now 88 years old and wants take out the
money so he can go to Jamaica. How much money does he have now? Show how you got your
answer.

Sagot :

vibrate
He earned $199,423 in interest.

His total would be $207,423.
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