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    A Survey of Mathematics
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    Exam 10: Consumer Mathematics
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    Use the Compound Interest Formula to Compute the Total Amount
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Use the Compound Interest Formula to Compute the Total Amount

Question 23

Question 23

Multiple Choice

Use the compound interest formula to compute the total amount accumulated.
-$4000 for 3 years at 2% compounded annually


A) $4240.00
B) $4244.83
C) $4160.00
D) $4161.60

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