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You deposit $300 in an account that pays 1.48% annual interest. What is the balance after 1 year if the interest is compounded daily? A. $368.57 B. $304,47 C. $301.48 D. $301.01
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5 votes
You deposit $300 in an account that pays 1.48% annual interest. What is the balance after 1 year if the interest is compounded daily?

A. $368.57
B. $304,47
C. $301.48
D. $301.01

User Djnetherton
by
4.2k points

2 Answers

5 votes

Answer:C. $301.48

Explanation:

User Shabana
by
4.4k points
4 votes
the answer to this is C
User Kheraud
by
4.5k points
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