An intital deposit of $50 is made into an account that had a 5% interest rate compound annually. Which expression shows the amount of money in the account after t years?
50 (105) ^t
50 (1.05) ^t
50 (.05) ^t
50 (5) ^t
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Home » Mathematics » An intital deposit of $50 is made into an account that had a 5% interest rate compound annually. Which expression shows the amount of money in the account after t years? 50 (105) ^t 50 (1.05) ^t 50 (.05) ^t 50 (5) ^t