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Mathematics, 23.01.2020 23:31 munchycluz9

How much compound interest is earned on $24,500 principal, with an annual interest rate of 5% compounded annually, over years? compound interest: i = p (1 + r)t a. $30,62.50 b. $2767.82 c. $27,562.50 d. $3178.29

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