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Mikaela1509:
You deposit $1300 in a savings account. The account earns 4.5% simple interest per year. What is the balance after 3 years?
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anthony5012005:
so u use Fn=P(1+I)^n ur total should be something close to 1483.51
Mikaela1509:
Oh thank you
anthony5012005:
yw
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