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Mathematics, 03.06.2020 19:10 jos1319
PLease help me!
Jacob has $7,777 in a savings account. The interest rate is 14%, compounded annually.
To the nearest cent, how much will he have in 2 years?
Use the formula B = p(1 + r)t, where B is the balance (final amount), p is the principal (starting amount), r is the interest rate expressed as a decimal, and t is the time in years.
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