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Jessica deposits $300 into a savings account that pays an annual interest rate of 2%, compounded twice a year. How much money will Jessica have in her account at the end of one year?

Jessica deposits $300 into a savings account that pays an annual interest rate of 2%, compounded twice a year. How much money will Jessica have in her account at the end of one year?

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Author Apolinario ("Sam") Ortega - founder of INVBAT.COM - AI + CHATBOTPosted on May 22, 2021Categories 9th to 12th Grade Math Reviewer, Compound Interest Problem, High School Math Reviewer

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