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OpenStudy (texmechanica):
Little Miss Buffet takes all the money from her piggy bank and puts it into a savings account at her local bank. The bank promises an annual interest rate of 2.5% on the balance, compounded semiannually. How much will she have after one year if her initial deposit was $200? A) $205.00 B) $205.01 C) $205.02 D) $205.03
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