ozzzziee
ozzzziee
29-11-2017
Mathematics
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zrh2sfo
zrh2sfo
29-11-2017
So, it's a trick question, you only invest for 14 years, not 15 and you need the total balance.
The Answer is
B: A(n) = 450 + (n-1)(0.05*450) = $765
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