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Principle is 19800 and continueously earns 4 percent interest for 5 years?

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Anonymous

∙ 17y ago
Updated: 8/16/2019

Take 19800 and multiply by 1.04. That's the total after one year. Take that total and multiply by 1.04 again. Do that again 3 more times. There's your answer.

(23163.20)

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Wiki User

∙ 17y ago
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