Question: Using the formula: F = A(1 + r)), where r = APR select the formula giving the final amount if $500 is invested at 12%
Using the formula: F = A(1 + r)"), where r = APR select the formula giving the final amount if $500 is invested at 12% APR compounded monthly for 3 years. Note: You might have to do some simplifying to get your answer to match the correct form below
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