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6 July, 14:09

How much would d dollars earn in one year at the rate of p percent compounded annually

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  1. 6 July, 15:58
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    Step-by-step explanation:

    Adapt the compound amount formula to this situation:

    A = P (1 + r) ^t becomes A = d (1 + p/100) ^1, or just A = d (1 + p/100)
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