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10-11-2020
Mathematics

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You invested $7,000 into a money market account for 10 years at an annual interest rate of 3%. What will be the balance in the account?

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10-11-2020

Answer: At the end of 10 years, your savings will have grown to $9,407.

Step-by-step explanation: You will have earned in $2,407 in interest.

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