Seudónimo Seudónimo
  • 15-03-2017
  • Mathematics
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Using the expression below, choose the correct answers for the new balance and the amount of interest earned in the following compound interest problem. P(1 + r)n $750 at 7% for 9 years, compounded annually.

Total Amount = $
Interest Amount = $

Respuesta :

Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 15-03-2017
A= 750×(1+0.07)^(9)
A=1,378.84
interest earned 1378.84−750
=628.84
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