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AssignmentMultiple Choice

Investing

Question 1 • AZ-College Prep Math B

Which formula would be used for this situation?

Answer
A
A = (8,000 + 0.045)12
B
A = 8,000(1 + 0.045)12
C
A = 8,000(1 + 0.12)4.5
D
A = 8,000 · 0.045 · 12
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