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3 May, 22:34

An initial deposit of $50 is made into an account that had a 5% interest rate compounded annually. Which expression shows the amount of money in the account after t years?

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  1. 4 May, 02:23
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    50 + (5% x t)

    It's your time multiplied by your rate/percentage. You then add that to your principal (starting amount)
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