Find an expression for the amount of money after five years when the initial amount is $80

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Find an expression for the amount of money after five years when the initial amount is $80 and the annual interest rate is as given.

12% compounded semiannually

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Finite Mathematics And Its Applications

ISBN: 9780137616619

13th Edition

Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel , Jill Simmons

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Question Posted: Jan 30, 2023 07:43 AM

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Find an expression for the amount of money after five years when the initial amount is $80

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The formula for compound interest is A P1 rnnt where A is the amount after t years P is ...View the full answer

Finite Mathematics And Its Applications

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