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You deposit money in an account that pays 5% interest compounded yearly. Find the balance after 5 years for the given initial amount (This is not multiple choice, you need to do a, b, and c)

a. $250
b. $300
c. $350
** Round to the NEAREST whole number**

2 Answers

4 votes
B your answer would be that you have 300 left
User MattW
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3.3k points
3 votes
B I really believe you just got to read it carefully
User Logan Capaldo
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