Nina opened a savings account and deposited $300.00. The account earns 4% interest, compounded monthly. If she wants to use the money to buy a new bicycle in 3 years, how much will she be able to spend on the bike?
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Home » Mathematics » Nina opened a savings account and deposited $300.00. The account earns 4% interest, compounded monthly. If she wants to use the money to buy a new bicycle in 3 years, how much will she be able to spend on the bike?