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Show Numerically That a Savings Account with a Current Balance

question 83

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Show numerically that a savings account with a current balance of $1,000 that earns interest at 9% annually is precisely sufficient to make the payments on a 3-year loan of $1,000 that carries equal annual payments at 9% interest.


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The fundamental facilities and systems serving a country, city, or area, including the services and facilities necessary for its economy to function.

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