Mathematics, 09.06.2021 21:30 bcox32314
Mr. Smith invested $2,500 in a savings account that
earns 3% interest compounded annually. He made
no additional deposits or withdrawals. Which
expression can be used to determine the number of
dollars in this account at the end of 4 years?
1) 2500(1+0.03)
2) 2500(1+0.3)
3) 2500(1 +0.04)
4) 2500(1+0.4)
Answers: 2
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Mr. Smith invested $2,500 in a savings account that
earns 3% interest compounded annually. He made<...
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