Interpret parts of an Expression A-SSE.1a Grade 11 ACTASPIRE Practice Test Questions TOC | Lumos Learning

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Lumos StepUp High School Integrated Mathematics 1 - Workbooks and Online Assessments Interpret parts of an Expression

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The formula \(P(1+r)^{t}\) is used to calculate the amount in an account that earns interest compounded annually, when, P is the principal in the account, r is the annual interest rate (as a decimal) and t is the time (in years). If the expression \(1500(1.0355)^{9}\) was used to calculate the amount of money in an account, how many years was the money in the account?

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