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Mathematics 56 Online
OpenStudy (anonymous):

Chris bought a certificate of deposit (cd) for 500. A formula for finding the value of the certificate after m months is A = 500(1.02)m. What will be the value of the certificate after 6 months? Use a calculator and order of operations. Round your answer to the nearest hundredth.

OpenStudy (anonymous):

552.04 563.08 3060.00 3121.20

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