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Mathematics 21 Online
OpenStudy (rea__):

WILL FAN AND MEDAL . CANT GET WRONG Juliet opened a savings account at a bank by depositing $75. The account earns simple interest at a rate of 4% per year. The money has been in the account for 5 years, and Juliet has not made any more deposits or withdrawals. How much money is in Juliet’s account? A) $270.00 B) $78.00 C) $80.00 D) $90.00

OpenStudy (vhtran):

what is 4% as a decimal? Multiply that of 75 to get how much she lost for the first year.

OpenStudy (anonymous):

OpenStudy (vhtran):

*sorry what she gained

OpenStudy (rea__):

I GOT THE ANSWER . its d

OpenStudy (anonymous):

OpenStudy (vhtran):

let me double check :P

OpenStudy (rea__):

i know i got it right

OpenStudy (vhtran):

:D

OpenStudy (rea__):

The money has been in the account for 5 years. This means that the amount of deposit was increased for 5 times. 75*1.04*1.04*1.04*1.04*1.04=75*1.04^5≈91.3 $ In this way i prefer to chose D) $90.00 beacuse it's the nearest number

OpenStudy (anonymous):

OpenStudy (rea__):

why are u sending screenshot?

OpenStudy (anonymous):

something is going wrong aroud here

OpenStudy (anonymous):

i seen this all day

OpenStudy (anonymous):

even me

OpenStudy (rea__):

seen what?

OpenStudy (anonymous):

look at the screen shots

OpenStudy (rea__):

im not getting it . u screenshot our answers

OpenStudy (vhtran):

the medals, there a program where you can change what the screen "says"

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