Simple and Compound Interest Worksheet
A= 30,000(1.06)10. A=$53,725.43 WOW!!! What a difference!!! In problems 16-20, calculate the expected price in the year 2008 if you assume that there was a consistent 5% inflation rate and use the given 1988 price. Answers should be rounded to the nearest penny. Median Salary, $27,225. Gallon of gas, $1… ................
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