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26 May, 07:06

1. When Jason was 16 years old, he deposited $200 in an account that camned 2-% interest compounded daily. If he makes

no other deposits or withdrawals, what is Jason's balance at age 20?

a. $218.66

b. $222.51

c. $306.42

d. $340.91

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Answers (1)
  1. 26 May, 10:26
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    D. $340.91
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