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November 26, 2014

Homework Help: MATH

Posted by ANGEL on Sunday, April 29, 2012 at 1:07am.

If C dollars are deposited in an account paying r percent annual interest, the amount after x years is A+C(1+r)*. Approximate the amount in the account after x years, when C=$100.00, r=19%, and x-15 years.

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