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Sarah Barrowed 500 for four years at 3% interest rate compounded annually use the formula to calculate the total amount she will have to pay back
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Sarah Barrowed 500 for four years at 3% interest rate compounded annually use the formula to calculate the total amount she will have to pay back

User Argy
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1 Answer

6 votes
A=p (1+r)^t
A=500×(1+0.03)^(4)
A=562.75
User Gelldur
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