Prealgebra (7th Edition)

Published by Pearson
ISBN 10: 0321955048
ISBN 13: 978-0-32195-504-3

Chapter 7 - Test: 26

Answer

$2005.63

Work Step by Step

$amount = principal \times (1+rate)^{time}$ $a=1365\times(1+0.08)^5=1365\times1.47=2005.63$
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