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Mathematics 19 Online
nancyy0:

A savings account pays 2% interest compounded annually. If $1,200 is deposited initially and again at the first of each year, how much money will be in the account three years after the initial deposit? $1,248.48 $2,472.48 $3,672.48 $3,745.93

jhonyy9:

like a firts step you need calcule the 2% of $1200 do you know the way ?

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