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Tom opens a bank account and makes an initial deposit of $500. The banker tells Tom that he is going to receive an annual rate of 6% on his investment. Find the bank balance assuming Tom leaves the account untouched for 15 years.

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Elijahsteen41idn

Answer:

Well, at approximately 15 years, Tom should have $1198.28 in his account.

Step-by-step explanation:

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