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When Robert was born, his grandfather invested $1,000 for Robert’s college education. At an interest rate of 4.5% compounded annually, approximately how much would Robert have at age 18? (use the formula A=P(1+r)^t where P is the principal, r is the interest rate, and t is the time in years.) A$1810 B$2200 C$3680 D$18810 help me PEERRRTY PWEEESY!!!!
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1000(1.045)^(18) = 2208.478
B
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