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6 December, 21:05

At the beginning of every year, Molly deposits $200 in a savings account that offers an interest rate of 20%, compounded annually. The total amount that Molly will have in her account at the end of 3 years is $

Find the sum of a finite geometric series.

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  1. 6 December, 23:43
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    She would have $873.60 dollars at the end of 3 years
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