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Mathematics 45 Online
OpenStudy (anonymous):

If $1,000 is invested in an account that pays 3% interest compounded annually, an expression that represents the amount in the account at the end of two years can be given by which of the following equations? A. 1000(0.3)^2 B. 1000 +0.2^3 C. 1000(1.03)^2 I think its C but im not sure.

OpenStudy (anonymous):

c

OpenStudy (anonymous):

because its an exponential function

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