Each year on the same day, Susan deposits $100 into a savings account that earns simple interest at a rate of 3%. She makes no w
2 answers:
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Answer: 30.48
Step-by-step explanation:
Sum the series of 30.48 + (1/2)(30.48)+ (1/4)(30.48)+(1/8)(30.48)+(1/16)(30.48)+(1/32)(30.48)
Or use an Excel spreadsheet
