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Mathematics, 24.02.2021 07:20 shay68596
You deposited $1,500 in a savings account that pays 3% interest annually, compounded
monthly. After one year, your balance is $1,545.62. What is your rate of return for one
year?
O 3%
01.03%
0 3.04%
O 0.03%
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Answers: 3
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You deposited $1,500 in a savings account that pays 3% interest annually, compounded
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