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At the beginning of year 1, Bode invests $250 at an annual simple interest rate of 3%. He makes no deposits to or withdrawals from the account. Which explicit formula can be used to find the account's balance at the beginning of year 14? What is the balance?​

Respuesta :

laraleechurch

Answer:

the correct option is D.....

A(n) = 250 + (n – 1)(0.03 • 250); $347.50

Step-by-step explanation:

Answer:

A(n)=250+(n-1)(0.03*250);$347.50

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