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Sagot :
Answer:
Hello!
This word problem uses the common equation called; [tex]A=Pe^{rt}[/tex]
A = Pe^rt
P=700
e= e
r = 0.0542
t = 18
This is what you get when you plug in the according information.
700e^(0.0542*18)
700e^0.9756
=1856.9308
We need to put this into the nearest cent.
=1856.93
Have a great day!
I hope this helps you!
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