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Correct answers only!

To the nearest cent, how much will she have in 1 year?

Use the formula B = p(1 + r)t, where B is the balance (final amount), p is the principal (starting amount), r is the interest rate expressed as a decimal, and t is the time in years.

Correct answers only! To the nearest cent, how much will she have in 1 year? Use the-example-1
User NoNameZ
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1 Answer

1 vote

Answer:

$ 5,798.15

Explanation:

A = P + I where

P (principal) = $ 5,300.00

I (interest) = $ 498.15

Correct answers only! To the nearest cent, how much will she have in 1 year? Use the-example-1
User Siamak
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