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Mathematics, 06.05.2020 20:36 tifftifftiff5069
To save for a car when he turns 18, Pascale deposited $500 each year into a savings account with a 7.5% interest rate compounded annually.
Using the formula A = P (1 + r) Superscript t, what is the value of the account at the end of the fifth year?
A.$3,071.92
B.$3,122.00
C.$3,851.77
D.$4,140.65
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To save for a car when he turns 18, Pascale deposited $500 each year into a savings account with a 7...
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