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Evaluate $1500[1+1(1−0.0412)3]−(1+0.0412)30.0412\$ 1500\left[1+\frac{1}{\left(1-\frac{0.04}{12}\right)^{3}}\right]-\frac{\left(1+\frac{0.04}{12}\right)^{3}}{\frac{0.04}{12}} A) $1,48985
B) $2,892

Question 265

Multiple Choice

Evaluate $1500[1+1(1−0.0412) 3]−(1+0.0412) 30.0412\$ 1500\left[1+\frac{1}{\left(1-\frac{0.04}{12}\right) ^{3}}\right]-\frac{\left(1+\frac{0.04}{12}\right) ^{3}}{\frac{0.04}{12}}


A) $1,489.85
B) $2,892.41
C) $2,712.09
D) $1,177.64
E) $1,818.11

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