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Samantha puts an initial $500 into a savings account. The account has a 4% annual compound interest rate. What is the equation that best represents Samantha's account
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Samantha puts an initial $500 into a savings account. The account has a 4% annual compound interest rate. What is the equation that best represents Samantha's account

User Jonathan Feinberg
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1 Answer

5 votes
500x4%= 20+500=520x4%= 540.8x4%= 562.4.
User Ranjeeta
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