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Mathematics, 08.12.2020 01:40 luje

At the beginning of year 1, Bode invests $250 at an annual simple interest rate of 3%. He makes no deposits to or withdrawals from the account. Which explicit formula can be used to find the account's balance at the beginning of year 14? What is the balance?

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At the beginning of year 1, Bode invests $250 at an annual simple interest rate of 3%. He makes no d...
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