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    A Survey of Mathematics
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    Exam 10: Consumer Mathematics
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    Solve the Problem. -Brad Invests $1500 in an Account Paying 3.5% Compounded Monthly
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Solve the Problem. -Brad Invests $1500 in an Account Paying 3.5% Compounded Monthly

Question 106

Question 106

Multiple Choice

Solve the problem.
-Brad invests $1500 in an account paying 3.5% compounded monthly. How much is in the account After 7 months?


A) $1908.42
B) $1502.55
C) $1530.89
D) $1530.41

Correct Answer:

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