Use the formula to determine the value of the indicated variable for the values given. When appropriate,

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Use the formula to determine the value of the indicated variable for the values given. When appropriate, use the π key on your calculator and round your answer to the nearest hundredth.

A = P(1 + r/n)nt; determine A when P = 1200, r = 0.04, n = 2, and t = 5 (banking).

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A Survey Of Mathematics With Applications

ISBN: 9780135740460

11th Edition

Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde

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