How much money would Karl have in his account after five years if he started with $200, deposits $200 per year, and earns 3

Question

How much money would Karl have in his account after five years if he started with $200, deposits $200 per year, and earns 3 percent interest, compounded
annually?

a) $1,325.54
b)$1,200
c)$400
d)$13,255.40

Kunduz · Accepted Answer

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