Mathematics, 14.04.2021 22:30 noahah3
Mr. Smith deposited $3,077.00 in a new account at his bank. Mr. Smith does not make any additional deposits or withdrawal. The bank pays 4.50% interest compounded annually on the account. Which amount is closest to the balance at the end of 4 years?
(A) 3,077.00
(B) 5,288.71
(C) 3,699.38
(D) 553.86
Answers: 1
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Mr. Smith deposited $3,077.00 in a new account at his bank. Mr. Smith does not make any additional d...
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