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You invest $2.200. Your investment grows at an effective annual interest rate of 4% for T years, at which time it has accumulate
1 answer:
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Answer:
16.629
Step-by-step explanation:
Start by setting up the numbers like the first picture. The borrow. To borrow we have to go the whole way over to the 7 since you can't borrow from 0. So the 7 becomes a 6 and the 0 becomes 10. Then the 10 becomes a 9 and the 0 becomes a 10. Then the 10 becomes a 9 and the 3 becomes a 13. Then subtract. Just bring the decimal point down.
