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Mathematics 10 Online
OpenStudy (anonymous):

If $360 is invested at an interest rate of 4% per year and is compounded quarterly, how much will the investment be worth in 18 years?

OpenStudy (anonymous):

Use this formula for calculating the simple interest: \[I=\frac{ PRT }{ 100 }\]

OpenStudy (anonymous):

P stands for principal or the amount of money you want to invest. R stands for rate. T stands for time

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