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alfreda
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2x+y<80,x+y<50,x>0,y>0
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1. P = Po(1+r)^n. Po = $500,000. r = (6%/4)/100% = 0.015 = Quarterly % rate expressed as a decimal. n = 4comp./yr. * 5yrs. = 20 Compounding periods. Plug the above values into the given Eq. and solve for P. 2. P = Po(1+r)^n. r = APR = (8%/100% = 0.08 n =