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27 June, 08:51

P = $1,000, t = 6, r = 11%, compounded annually (k = 1)

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  1. 27 June, 10:03
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    Answer: well if p = $1000 and t=6 and r-11 % then 6k+11=1000 then 11 - 1000 is 6k=989 divide 6 / 164.83 i think
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