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Evaluate $650(1−.0625×2112) \$ 650\left(1-.0625 \times \frac{21}{12}\right) $650(1−.0625×1221)
A) $1,137.39
B) $721.09
C) $578.91
D) $446.88
E) $576.06
Evaluate
The process of assessing or determining the significance, worth, or condition of something, typically by careful appraisal and study.
Fraction
A mathematical expression representing the division of one quantity by another, indicating parts of a whole.
- Comprehend and utilize formulas for simple interest to determine the future value of an investment.
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Learning Objectives
- Comprehend and utilize formulas for simple interest to determine the future value of an investment.
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