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Yuliya22 [10]
2 years ago
14

If $1,000 was deposited today at a rate of 15%, its future value in one year would be

Business
1 answer:
aleksley [76]2 years ago
6 0

Answer:

$1,150.

Explanation:

First, we find what that 15% is by setting an equation:

\frac{15}{100} \times \frac{1000}{1}

This gives us: $150

Now, we just add that to the deposited money.

$1000 + $150 = $1,150

Hope this helps!

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The Financial Plan collates each of the activities, resources, equipment and materials that are needed to achieve these objectives and specify time frames involved.

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