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2 years ago

12

Diamond deposited $300 in a savings account that has a 2% interest rate per

1 answer:

Alexxandr [17]2 years ago

4 0

Answer:

After 1 year: $306

After 2 years: $312.12

Step-by-step explanation:

Use the formula 300 x $1.02^{t}$

t = no of years

So, Deposit x interest rat $e^{years}$

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