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Mathematics, 18.03.2020 21:14 pito63

21. Mickey earned $475 from mowing lawns last summer. He deposited this money in an
account that pays an interest rate of 3.8% compounded annually. What will be his
balance after 4 years rounded to the nearest cent?
a. $827.52
b. $551.42
c. $539.45
d. $646.80
Can you explain to me how to do this also

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Answers: 1

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