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08-05-2024
Mathematics

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6.5 Modeling With Exponential Functions
Question 1 of 8 (1 point) Question Attempt 1 of Unlimited
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An amount of $16,000 is borrowed for 13 years at 6.25% Interest, compounded annually. Assuming that no payments are made, find the amount o
years.
Use the calculator provided and round your answer to the nearest dollar
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