cammandermock cammandermock

12-01-2023
Mathematics

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A high school student has deposited $850 in a savings account that earns interest at a rate of 2.9% compounded monthly. What will the account balance be in seven years? Round the answer to the nearest hundredths place.

$864.48
$1,041.06
$6,317.60
$9,382.32

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