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    Beginning and Intermediate Algebra Study Set 1
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    Exam 2: Equations, Inequalities, and Problem Solving
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    Solve. -How Much Would an Initial Bank Deposit Need to Be
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Solve. -How Much Would an Initial Bank Deposit Need to Be

Question 171

Question 171

Multiple Choice

Solve.
-How much would an initial bank deposit need to be in order to earn $2300 at 10% for 8 years? (Round to the nearest dollar.)


A) $29
B) $184,000
C) $1840
D) $2875

Correct Answer:

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