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A bank pays 8% annual interest, compounded at the end of each month. An account starts with $600, and no further withdrawals or deposits are made.​

Respuesta :

Answer:

[tex]600(1.08)^x[/tex]

Step-by-step explanation:

you would plug in the amount of months for x, not sure what you are really looking for? but 12 months would be [tex]600(1.08)^12=1510.90[/tex]

not sure why the 12 looks weird, but that is to the power of 12.

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