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9 April, 09:53

An initial deposit of $50 is made into an account that had a 5% interest rate compounded annually. Which expression shows the amount of money in the account after t years?

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  1. 9 April, 10:06
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    50 + (5% x t)

    It's your time multiplied by your rate/percentage. You then add that to your principal (starting amount)
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