SBISBI.
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SBI SBI .
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SBISBI.
SBI SBI.
202118CM CM.
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scottos - DR Jerry
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Total original price = $200 + $150 + $100 = $450
Discount = 15% of $450 = 0.15 * $450 = $67.50
Price after discount = $450 - $67.50 = $382.50
Final price after coupon = $382.50 - $20 = $362.50
#### $362.50
A bank offers a savings account with an annual interest rate of 4%, compounded quarterly. If a customer deposits $5,000, what will be the balance after 3 years?
Quarterly interest rate = \( \frac{4\%}{4} = 1\% = 0.01 \)
Number of quarters = 3 years * 4 = 12
Future value = \( 5,000 \times (1 + 0.01)^{12} \)
