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Find the Exact Value of Without Using a Calculator

question 91

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Find the exact value of Find the exact value of   without using a calculator. A) 1.25 B) 2 C) 3 D) 2.5 E) 5 without using a calculator.


Definitions:

Previous March

Refers to March of the preceding year or the last March that occurred before the current date.

Original Investment

The initial amount of money invested in a financial venture or asset.

Interest Rate

The specific rate at which interest is incurred on borrowed cash from a lender to a borrower.

Investment Deposited

The action of placing money into a financial scheme, shares, or property with the expectation of achieving a profit.

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