Question 1150102
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<pre>

{{{1980*(1+0.12)^16}}} = {{{1980*1.12^16}}}.


Use your calculator.
</pre>

See the lesson

&nbsp;&nbsp;&nbsp;&nbsp;- <A HREF=https://www.algebra.com/algebra/homework/percentage/lessons/Compound-interest-percentage-problem.lesson>Compound interest percentage problems</A> 

in this site.