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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 135

Question 135

Multiple Choice

Use the compound interest formula to compute the total amount accumulated.
-$2830 for 5 years at 3% compounded semiannually


A) $3254.50
B) $3048.71
C) $3280.75
D) $3284.33

Correct Answer:

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