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Which of the following statements accurately describes an account into which $500 is deposited and earns 4% annual interest compound monthly ?

Which of the following statements accurately describes an account into which $500 is deposited and earns 4% annual interest compound monthly ?
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Which of the following statements accurately describes an account into which $500 is deposited and earns 4% annual interest compound monthly ?

User Lokesh Sanapalli
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1 Answer

1 vote

Answer:

Statement A accurately describes an account into $500

User Keshon
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