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OpenStudy (anonymous):
A $3,300.00 principal earns 4% interest, compounded annually. After 3 years, what is the balance in the account?
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OpenStudy (anonymous):
$3,712.05 $211,200.00 $3,696.00 $10,296.00
OpenStudy (destinymasha):
Future Value = Principal(1 + i)^n FV = 3300(1.04^3) = $3,712.05
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