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Evaluate the Sum i=36(3i4)\sum _ { i = 3 } ^ { 6 } ( 3 i - 4 )

question 39

Multiple Choice

Evaluate the sum. Round to two decimal places, if necessary.
- i=36(3i4) \sum _ { i = 3 } ^ { 6 } ( 3 i - 4 )

Understand the impact of skills and education level on job opportunities and salary.
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Recognize the importance of lifelong learning and adaptability in the modern work environment.

Definitions:

Portfolio

A collection of investments held by an individual or institution, including stocks, bonds, real estate, and other assets.

Successive Years

Consecutive years following one after the other without interruption.

Compound-Interest GIC

A Compound-Interest Guaranteed Investment Certificate (GIC) is a financial product that pays interest on your initial investment, with the interest being compounded at specified intervals, leading to increased returns over time.

Compounded Semiannually

The calculation of interest where it is added to the principal twice a year, resulting in the interest earning interest semiannually.

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