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Mathematics, 15.04.2021 14:00, cxttiemsp021
Juan decided to start savings for college. He deposited $500 into an account which earns 4% simple annual interest. At the end of each year, he will add $250 to this account. How much will he have in his account after the end of three years?
a
$550
b
$770
c
$1,050.80
d
$1,342.83
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Answers: 2
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