Mathematics, 10.10.2020 16:01 maren17
A savings account pays 2% interest compounded annually. If $1,200 is deposited initially and again at the first of each year, how much money will be in the account three years after the initial deposit?
$1,248.48
$2,472.48
$3,672.48
$3,745.93
Answers: 1
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A savings account pays 2% interest compounded annually. If $1,200 is deposited initially and again a...
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