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Taneen has a savings account with a balance of $50,000. Find the balance after 10 years with a simple annual interest rate of 2.40%. $12,000 $50,000 $62,000 $63,382.53

Taneen has a savings account with a balance of $50,000. Find the balance after 10 years with a simple annual interest rate of 2.40%. $12,000 $50,000 $62,000 $63,382.53

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Taneen has a savings account with a balance of $50,000. Find the balance after 10 years with a simple annual interest rate of 2.40%.

$12,000
$50,000
$62,000
$63,382.53

 

 
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