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sukhopar [10]
3 years ago
12

How to find the answer

Mathematics
1 answer:
KATRIN_1 [288]3 years ago
5 0
Use this equation:
A = P(1+r)^t

Where A is the final amount
P is the initial amount
r is the annual rate
t is the time in years

P = 1500
r = 0.07
t = 3

A = 1500 (1.07^3)
≈ $1837.56

Have an awesome day! :)
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