Can someone give me the answer to this?

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asked Dec 19, 2019 70.5k views

1 Answer

Alanc · Answer 1 · 2019-12-23T11:07:13+0000

the correct formula would be C

multiply principle ( $800) by (1+interest rate as a decimal) to the power of number of years
so you would have 800 x (1+0.03)^7

Can someone give me the answer to this?

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