Answered

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$450,000/1.07^2What doe the 1.07 ^ 2 mean?

Sagot :

Answer:

[tex]\frac{450,000}{1.07^{2}}=393,047.43[/tex]

Step-by-step explanation:

1.07 ^ 2 means that the number 1.07 is squared, then divide $450,000 by 1.07 squared:

[tex]\frac{450000}{1.07^2}=393,047.43[/tex]

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