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dsp73
3 years ago
7

If P dollars is deposited in an account paying R percent annual interest, approximate the amount in the account after x years.

Mathematics
1 answer:
romanna [79]3 years ago
7 0

Answer: $3648

Step-by-step explanation:

Firstly, we have to calculate the interest which will be:

= Principal × Rate × Time

= $1600 × 8% × 16

= $1600 × 0.08 × 16

= $2048

Therefore, the amount in the account after 16 years will be:

= Principal + Interest.

= $1600 + $2048

= $3648

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The owner of a busy coffee shop wanted to see if it was worth keeping tea on the menu. She logged the number of cups of tea she
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good luck :)

i hope this helps

brainliest would be highly appreciated

have a nice day!

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