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thtboykev:
Mario invested $6,000 in an account that pays 5% annual interest compounded annually. Using the formula A = P(1 + r)^t, what is the approximate value of the account after 2.5 years?
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Vocaloid:
they give you A = P(1 + r)^t A is the value after the interest is applied (so the value you are solving for) P is given as 6,000 r is the interest rate as a decimal (0.05) t is time (2.5 years)
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