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Phil deposited $1,000 in a savings account. how much will he have in his account in two years if his account is compounded annually at a 2% interest rate?

Phil deposited $1,000 in a savings account. how much will he have in his account in two years if his account is compounded annually at a 2% interest rate?
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1 vote
Phil deposited $1,000 in a savings account. how much will he have in his account in two years if his account is compounded annually at a 2% interest rate?

asked
User Roterl
by
8.3k points

2 Answers

6 votes

Answer:

I chose the same answer give the dude a round of applouse

Explanation:

answered
User Likan Zhan
by
8.5k points
3 votes
$1400
.................
answered
User Jakc
by
8.7k points
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