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7] ew
Ventas totales
Promedio
COMPOUND
INTEREST
FORMULA:
Newbalance = P(1 +i)"
Where
P = amount of deposit (principal)
= interest rate per priod
=
mumber of years x 4
n = 16 (4 years x 4)
Then
6,150 (1.0125)'§
© $7,502.32
(New Balance)
85
5s -
It