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3 years ago

5

at the beginning of every year, Molly deposits $200 in a savings account that offers an interest rate of 20%, compounded annuall

y. The total amount that Molly will have in her account at the end of 3 years is ____$ .

1 answer:

Blababa [14]3 years ago

6 0

F = $200 (1+0.2)^3

F = $345.6

The answer is $345.6.

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