How did you get the exponent part of the equation
Inactive Tutor
answered • 09/11/14
300(1 + .1/12)24
300(1 + .0083)24
300(1.0083)24
300(1.22) (you plug in 1.0083 in your calculator and raise it to the 24th power: 1.0083^24)
366.
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