SAT, 21.10.2021 14:00, fromthebranch13

On January 1st, 2003, Gerry opened a savings account that paid 3.25% annual interest. His initial deposit was $1,100. If Gerry didn’t deposit or withdraw any additional money, what was his balance at the close of December 31st, 2012? (Hint: determine how many years the savings account was open for.)

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On January 1st, 2003, Gerry opened a savings account that paid 3.25% annual interest. His initial de...