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For this problem, identify P, FV, I, r, n, and t. 15 years ago, Sandra invested $1,700.00 in a CD that earns 53% compounded
For this problem, identify P, FV, I, r, n, and t. 15 years ago, Sandra invested $1,700.00 in a CD that earns 53% compounded monthly. She earned a total of $2,100.29 in interest. What is P? Round to the nearest cent. What is FV? Round to the nearest cent. What is I? Round to the nearest cent.
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College Algebra
Authors: Michael Sullivan, Michael Sullivan III
11th Edition
0135226864, 9780135226865
