Mathematics, 12.11.2020 20:40 xxtonixwilsonxx
Fedora invests $100. For the first year, the rate is 3%. The next year, the interest rate goes up to 4%. Which expression describes her investment after two years ?
a) 100 • 1.035
b) 100 • 1.03 + 100 • 1.04
c) (100 • 1.03)1.04
d) 100 • 1.07
Answers: 2
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