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Question 72

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Use this information to answer the following question. Use this information to answer the following question. -If $200 is invested at 7 percent APR,which of the following formulas would be used to determine to how much the deposit would grow at the end of three years? A) $200 × 0.935 × 3 B) $200 ¸ 0.816 C) $200 ¸ 2.624 × 3 D) $200 × 2.624

-If $200 is invested at 7 percent APR,which of the following formulas would be used to determine to how much the deposit would grow at the end of three years?


A) $200 × 0.935 × 3
B) $200 ¸ 0.816
C) $200 ¸ 2.624 × 3
D) $200 × 2.624

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