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2 answers:
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The exact calculations:
Principal, P=3000
interest rate = 33% per year
Period, t=10 years
Future value
Interest
= future value - principal
= 81337.92-3000
= 78337.92 (to the nearest cent)
Principal, P=3000
interest rate = 33% per year
Period, t=10 years
Future value
Interest
= future value - principal
= 81337.92-3000
= 78337.92 (to the nearest cent)