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Jenny deposits $105 into an account that earns 4% interest compounded annually. What is the balance in her account after 11 years? (Round to the nearest cent)​
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Jenny deposits $105 into an account that earns 4% interest compounded annually. What is the balance in her account after 11 years? (Round to the nearest cent)​

Jenny deposits $105 into an account that earns 4% interest compounded annually. What-example-1
User Mark Vieira
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4 votes

Answer:

I'm not 100% sure, so I really apologize if my answer is incorrect (Haven't done interest rate in a while) But the answer I got was $161.64

Explanation:

User Jason Donnald
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