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31 December, 21:44

Don put $4,000 in a savings account with an interest rate of 3% for three years. If the interest is compounded annually, how much money will he have at the end of the three years?

A.

$4,370.91

B.

$8,788.00

C.

$4,243.60

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Answers (1)
  1. 1 January, 01:35
    0
    I think the answer is A 4,370.91
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