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MATH / How many dollars in interest are earned in two years on a deposit of 10,000 invested at 4.5% and compounded annually? Express your answer to the nearest cent.

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problem

How many dollars in interest are earned in two years on a deposit of $\$10,000 invested at 4.5%\% and compounded annually? Express your answer to the nearest cent.
Plain-text mathematical notation (without MathML)
How many dollars in interest are earned in two years on a deposit of $10,000 invested at 4.5% and compounded annually? Express your answer to the nearest cent.
Original LaTeX notation
How many dollars in interest are earned in two years on a deposit of $\$$10,000 invested at 4.5$\%$ and compounded annually? Express your answer to the nearest cent.

level

Level 4

type

Algebra

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