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Simon Deposits $400 In An Account That Pays 3% Interest Compounded Annually. What Is The Balance Of Simon’s Account At The End Of 2 Years? |
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Answer» <P>I=Prt I=12 Balance = P +Prt Find the balance at the END of the second YEAR. I = Prt=12.36 Balance =P + Prt 424.36. I=Prt I=12 Balance = P +Prt 412 Find the balance at the end of the second year. I = Prt=12.36 Balance =P + Prt 424.36. |
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