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6). What will a $190,000 condo cost 5 years from now if the price appreciation for this apartment over that period averages 3% compounded annually?
6). What will a $190,000 condo cost 5 years from now if the price appreciation for this apartment over that period averages 3% compounded annually? 7). department store charges 1.25% per month on the unpaid balances for customers with charge accounts (interest is compounded monthly). A customer charges $1200 and does not pay her bill for 6 months. What is the bill at that time
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