Lauren deposited $3,000 into a savings account with an annual interest rate of 0.75%. She made no deposits or withdrawals for 3 years. If interest was compounded annually,
which equation represents the balance in the account after 3 years?
A = 3000 (1 + 0.0075) ^3
A = 3000 (1 - 0.0075) ^3
A = 3000 (1 + 0.075) ^3
A = 3000 (1 + 0.75) ^3
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