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Mathematics, 25.07.2019 21:30 roro67

If you deposit $1000 in a savings account with an interest rate of r compounded annually, then the balance in the account after 3 years is given by the function b(c) = 1000(1 + r)3, where r is written as a decimal. what interest rate will yield a balance of $1100 after 3 years?

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