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Questions and Answers
What is the formula to calculate compound interest annually?
What is the formula to calculate compound interest annually?
- P(1 + nr)
- P(1 + r)^n (correct)
- Pn(1 + r)
- P + r + n
What is an algebraic expression?
What is an algebraic expression?
- A mathematical phrase that can contain numbers, variables, and operations (correct)
- A sequence of numbers without variables
- A mathematical statement without numbers
- A mathematical equation with only numbers
What is the identity element for addition?
What is the identity element for addition?
- 2
- 1
- 0 (correct)
- -1
