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5 November, 12:37

Dan deposits $2,500 in an account that earns an interest rate of 4% compounded annually. What is the balance in the account at the end of 10 years? A) $2,800.45 B) $3,112.85 Eliminate C) $3,700.61 D) $3,935.58

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  1. 5 November, 13:22
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    C) 3,700.67

    Step-by-step explanation:

    2500*4/100=100$ per year.

    100*10=1000

    2500+1000=3500$ (this is my answer)

    I almost found this. The closest is 3,700,67

    Good lessons! Brainliest me.
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