Aryanagillman1101 Aryanagillman1101
  • 12-04-2024
  • Business
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Victor opened a savings account and deposited $800.00 as principal. The account earns 5% interest, compounded annually. What is the balance after 7 years? Per year that the interest is compounded, and t is the time in years. Round your answer to the nearest cent.

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