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October 25, 2014

Homework Help: ALGEBRA

Posted by Demie on Sunday, May 27, 2012 at 7:56pm.

If the principal P = $700, the rate r = 6 1

2 %, and time t = 1 year, find the following.
(a) What is the amount of interest?
$

(b) What is the future value?

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