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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 150

Question 150

Multiple Choice

Use the compound interest formula to compute the total amount accumulated.
-$19,000 for 5 years at 7% compounded semiannually


A) $22,566.04
B) $26,801.38
C) $25,650.00
D) $26,648.48

Correct Answer:

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