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Mathematics, 17.02.2021 23:20 mykiagamble

Tyler's mom purchased a savings bond for Tyler. The value of the savings bond increases by 4% each year. One year after it was purchased, the value of the savings bond was $156. Find the value of the bond when Tyler's mom purchased it. explain your answer

please help!!! whats the answer and how do I explain

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Tyler's mom purchased a savings bond for Tyler. The value of the savings bond increases by 4% each y...
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