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24 January, 17:31

Suppose you deposit $450 into a savings account that pays 4.3% annual interest. How much will you have in the account after 3 years if no money is added or withdrawn?

A. $745

B. $680

C. $510

D. $630

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Answers (1)
  1. 24 January, 17:54
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    100% + 4.3% = 104.3 450x1.043squared = 510 Therefore ans is 510
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