Mathematics
Mathematics, 23.01.2020 19:31, pamdhuber4224

Gavin deposited money into his savings account that is compounded annually at an interest rate of 9%. gavin thought the equivalent interest rate would be 2.25%. is gavin correct? if he is, explain why. if he is not correct, state what the equivalent interest rate is and show how you answer.

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Gavin deposited money into his savings account that is compounded annually at an interest rate of 9%...

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