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A bank pays on its savings an interest rate of 6% per year but compounds interest monthly (i.e., estimates the interest each month and adds it to the balance). You plan to deposit $100,000 into this saving account today. Show the amount you will accumulate by the end of the 30th year.
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Patrice has worked a certain amount of hours so far this week. Tomorrow she will work four more hours to finish out the week along with a total of 10 hours. How many hours has she
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Larry spends 3/4 hour twice a day walking and playing with his dog. He also spends 1/6 hour twice a day feeding his dog. How much time does Larry spend on his dog each day? Add
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Subtraction - Vector arithmetic Computationally, subtraction is very similar. Given the vectors a → = (a 1 , a 2 , a 3 ) and b → = (b 1 , b 2 , b 3 ) the difference of the t
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1. Find the APY for the bank described below- A bank offers an APR of 4% compounded monthly. 2. Use the compound interest formula to compute the balance in the following a
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