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1. Calculate the number of terms on an initial capital of $3,700 that grows to $7,186.56 at an annual compound interest rate of 11.7%. marks

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1. Calculate the number of terms on an initial capital of $3,700 that grows to $7,186.56 at an annual compound interest rate of 11.7%. marks You will need to choose the formula that best fits the situation... Growth Decay Cn = C,(1+r)" Cn = C,(1 r)

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