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25 October, 15:33

Shota invests $1000 in a certificate of deposit that earns interest. The investment's value is multiplied by 1.02 each year. Which expression gives the investment's value after 5 years?

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Answers (2)
  1. 25 October, 17:38
    0
    1020

    Step-by-step explanation:

    1000 times 1.02

    here the answer will be 1020.

    step-by-step explanation:

    1000 times 1.02 = 1020
  2. 25 October, 17:59
    0
    1000⋅1.02^5

    Step-by-step explanation:

    I just did it
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