Mathematics

Rene Ward

30 July, 19:34

Denelle has $1,000 in a savings account that earns 1% interest, compounded annually. To the nearest cent, how much will she have in 4 years? Use the formula B = p (1 + r) t, where B is the balance (final amount), p is the principal (starting amount), r is the interest rate expressed as a decimal, and t is the time in years

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