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12-12-2016
Mathematics

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$35,800 at 8.2% for 3 years

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12-12-2016

$35,800 at 8.2% for 3 years simple and compound interest.

i=r=0.082 n=t=3 P=35800

compound interest

FV=P(1+r)^n

simple interest

I=Prt

FV=P+I

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