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OpenStudy (anonymous):
Use the formula, A = P(1 + rt), to find the indicated quantity. P = $4,500; r = 10%; t = half a year; A = ? I got 7200. Is that correct?
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OpenStudy (anonymous):
A = 4500 ( 1 + 0.1 * 1/2) = 4725
OpenStudy (anonymous):
haha okay so 7200 is definitely not correct. Thank you!
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