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3 years ago

10

An initial deposit of $50 is made into an account that had a 5% interest rate compounded annually. Which expression shows the am

ount of money in the account after t years?

1 answer:

Nataly_w [17]3 years ago

3 0

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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