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Mathematics, 17.12.2020 08:00 vicinimlv19

At the beginning of year 1, Zack invests $700 at an annual compound interest rate of 3%. He makes no deposits to or withdrawals from the account.
Which explicit formula can be used to find the account's balance at the
beginning of year 5? What is the balance?

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At the beginning of year 1, Zack invests $700 at an annual compound interest rate of 3%. He makes n...
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