Exam (elaborations)
Arithmetic Reasoning 2023/2024 exam with 100% correct answers
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Phillip deposited $450 in an account that earns 5% interest, compounded yearly. If he makes no further deposits, how much will be in the account after 2 years? correct answersThe correct answer is $496.13 Use the forumla, I = prt, where I is the interest, p is the principal amount, r is the rate...
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