Omar deposits $300 in an account earning 3% interest compounded annually. How much will be in the account after 1 year if he makes no withdrawals?

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asked Jun 6, 2023 32.8k views

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Omar deposits $300 in an account earning 3% interest compounded annually. How much will be in the account after 1 year if he makes no withdrawals?

Mathematics
high-school

Timothy Strimple asked

by Timothy Strimple

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1 Answer

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Answer: 100 $

Explanation:

300 divided by 3 is 100

Joctee answered Jun 11, 2023

by Joctee

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