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Mathematics
Jax Frank
10 August, 12:20
What is 10$ in 245 years with a 5% interest
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Viviana Steele
10 August, 14:13
0
If it's simple interest ...
F=P+Prt
F=10+10 (.05) 245
F=$132.50
If it's compound interest;
F=Pr^t
F=10 (1.05^t)
F=10 (1.05^245)
F=$1553739.73
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