Rain C.

asked • 03/17/15

james invests $20000 in an account that has an annual interest rate of 8.3%. which is the correct equation?

  1. P6=20000(1+.083)6
  2. P6=20000(1+.083)6+1
  3. P6=20000(1+.083)6-1
  4. P6=20000(1+.83)6-1

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