Question

Markela opens a bank account that earns interest at
a rate of 2% compounded annually. She puts $200 in
the account when she opens it and does not make
any more deposits into or withdrawals from the
account for 2 years. If the amount of money in the
account after 2 years is given by the expression
200(1.02)2, which of the following expressions gives
the amount of money in the account after 1 year?

Answer 1

Answer:

100

Step-by-step explanation:

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