Use the Formula a = P(1 + Rt) to Find

question 10

Multiple Choice

Use the formula A = P(1 + rt) to find the indicated quantity.
-P = $7996; r = 6%; t = 10 months. Find A.

• A) $8475.76
• B) $8395.80
• C) $399.80
• D) $6663.33

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