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04-01-2024
Mathematics

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Select the correct equation from those below, if the interest rate is 8%. Let f1 = $900 and f2 = $9,000.
a) FV = PV * (1 + r)ᵗ
b) FV = PV * eʳᵗ
c) FV = PV + r
d) FV = PV * r

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