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14 August, 18:03

What is the final balance for the investment? $1000 for 3 years at 6% compounded annually A. $1810.64 B. $4096.00 C. $1060.00 D. $1191.02

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  1. 14 August, 18:09
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    The equation would be y=1000 (1.06) ^x, plug a 3 in for x, and you get that the answer is D. $1191.02.
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