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    Evaluate the Following Expression: P(1 + Rt), for P =\(t=\frac{168}{365}\)
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Evaluate the Following Expression: P(1 + Rt), for P = t=168365t=\frac{168}{365}t=365168​

Question 431

Question 431

Multiple Choice

Evaluate the following expression: P(1 + rt) , for P = $1575, r = .055, t=168365t=\frac{168}{365}t=365168​


A) $39.87
B) $1614.87
C) $1973.71
D) $16,128
E) $724.96

Correct Answer:

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