19-12-2020
Mathematics

contestada

HELPPP !!! Lennon is depositing $1,250 in a bank account that earns 4% compounded annually. After 2 years , how much will Lennon have in his account ?
A 1350
B 1352
C 1250
D 1300

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19-12-2020

Answer:

A) 1350

Step-by-step explanation:

4% of $1250 is 50 dollars.after 2 years the amount should be 100 dollars added

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