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Beliebt Word Problems >

A \2720 investment earns interest at 2.7% p.a., compounded weekly over 16 years.How much interest did the investment accumulate, to the nearest cent ?

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Lösung

Lösung

Interest:1469.24
Schritte zur Lösung
Translate the problem into an equation:4189.24180…=2720+I
Löse nach I,4189.24180…=2720+I:I=1469.24
Interest:1469.24

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