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Sagot :
Answer:
3,600 x (1.0375) ^ 1
Step-by-step explanation:
Compund interest formula.
IA * (r + 1) ^t
IA = Initial amount; r = rate (as decimal); t = time (in years)
IA = 3600
r = .0375
t = 1 (2008-2009)
3,600 x (1.0375)^1
-- Gage Millar, Algebra 1/2 Tutor, (Pending Pre-Calc Tutor)
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