Mathematics, 28.05.2020 17:00, Greghairston4839
Javier deposited $250 into a savings account with an interest rate of 1.6%. He made no deposits or withdrawals for 9 months. If interest was compounded annually, which
equation represents the balance in the account after 9 months?
A = 250(1 -0.016)^9
A = 250(1 +0.0016)^9
A = 250(1 +0.016)^0.75
A = 250(1 -0.016)^0.75
Answers: 3
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Javier deposited $250 into a savings account with an interest rate of 1.6%. He made no deposits or w...
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