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The Amount a in an Account Is Given by the Formula

Question 22

Multiple Choice

The amount A in an account is given by the formula A = p + i where p is the principal and i is the interest. How much interest was earned if an original deposit (the principal) of $4,450 has grown to be $4,720?


A) $260
B) $270
C) $255
D) $265
E) $290

Correct Answer:

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