Mathematics, 03.10.2019 04:00 mcentire789
Ahigh-interest savings account pays 5.5% interest compounded annually. if $300 is deposited initially and again at the first of
each year, which summation represents the money in the account 10 years after the initial deposit?
o
300(0.055)-1
305 5(1 055)-1
10
316.5(0.055)-1
• e316541 055)
Answers: 2
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