Mathematics, 19.03.2020 10:30, ErrorNameTaken505

A savings account earns 4% interest a year. When compounded monthly what would a $200 deposit earn in 3 years? (round to the nearest dollar)

A. 225
B. 230
C. 275
D. 245

Answers: 1

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A savings account earns 4% interest a year. When compounded monthly what would a $200 deposit earn i...