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velikii [3]
2 years ago
12

1240 at 8% compounded annually for 3 years

Mathematics
1 answer:
likoan [24]2 years ago
3 0

Answer:

1562.05

Step-by-step explanation:

A = P(1 + r/n)^(n*t)

A = 1240(1 + 0.08/1)^(3*1)

A = 1562.04288

A = 1562.05

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