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Mathematics, 01.10.2019 04:30 wrightdarius78

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how much compound interest is earned on $24,500 principal, with an annual interest rate of 5% compounded annually, over years?

compound interest: i = p (1 + r)t

a.
$30,62.50

b.
$2767.82

c.
$27,562.50

d.
$3178.29

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Answers: 1

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