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Mathematics 14 Online
OpenStudy (laurena):

Meg opens a savings account by depositing $10,000. The annual interest, r, is compounded monthly. At the end of the second month, $5,000 is added. At the end of the fourth month, $2000 is added. (Nothing is added at the end of the first of third month). Write an expression for the balance in th account at the end of the fourth month, using x to represent the multiplier (1+r/12)

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