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Precision Engineering Invested $95,000 at 5

question 40

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Precision Engineering invested $95,000 at 5.5 percent interest, compounded annually for 2 years.How much interest did the company earn over this period of time?

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Definitions:

Touch

One of the five senses, referring to the ability to perceive pressure, temperature, and texture through physical contact with the skin.

Sense

A physiological capacity of organisms that provides data for perception, such as sight, sound, smell, taste, touch, and proprioception.

Vision

Vision is the faculty of the eyes to perceive the environment through the light that enters them, allowing humans and other organisms to navigate, identify, and interact with their surroundings.

Hearing

The sensory process by which sound is perceived through the ears and interpreted by the brain.

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