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You deposit $850 in an account paying an annual simple interest rate of 7.7%. Find the future value of the investment (in dollars) after 1 year.

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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You deposit $850 in an account paying an annual simple interest rate of 7.7%. Find the future value of the investment (in dollars) after 1 year.

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