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Edt Testing
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Review Summary
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PN
7.
Samia deposited $3200 into a savings account to save for a car. Based on the interest rate of the account, Samia estimates that her money will grow according to the following table.
Years
1
2
3
4
5
6
Value
$3200
$3264
$3329
$3396
$3464
$3533
$3604
Enter the growth rate of Samia's money per year.
Frank owns a $141,000 home, for which he has a 30-year mortgage in the amount of $700 a month. once he has paid off mortgage, how much will he have paid in investment? a. $111,000 b. $109,000 c. $120,000 d. $141,000
The value, v, of kalani’s stock investments over a time period, x, can be determined using the equation v=750(0.80)^-x. what is the rate of increase or decrease associated with this account? 20% decrease 20% increase 25% decrease 25% increase