Use the formula for the amount, A=P(1+rt),to find the indicated quantity. Where, a is the amount P
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Use the formula for the amount, A=P(1+rt),to find the indicated quantity. Where, a is the amount P is the principal r is the annual simple interest rate (written as a decimal) t is the time in years. P=$600; r =10%; t = 3 years;
Related Book For
John E Freunds Mathematical Statistics with Applications
ISBN: 978-0134995373
8th edition
Authors: Irwin Miller, Marylees Miller
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