Challenge
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Let's use variables for one of the previous tasks.
Suppose a principle amount of $1,000 is deposited in a bank that pays an annual interest rate of 15%, compounded yearly. Assign respective values to the appropriate variables and answer the question: How much money will you get in 5 years?
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Challenge
Let's use variables for one of the previous tasks.
Suppose a principle amount of $1,000 is deposited in a bank that pays an annual interest rate of 15%, compounded yearly. Assign respective values to the appropriate variables and answer the question: How much money will you get in 5 years?
Tack för dina kommentarer!
