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100 POINTS AND BRAINLIEST!!!! Please EXPLAIN how you got the answer

100 POINTS AND BRAINLIEST Please EXPLAIN How You Got The Answer class=

Sagot :

9514 1404 393

Answer:

  D) $304.47

Step-by-step explanation:

The value of the account is found using the compound interest formula:

  A = P(1 +r/n)^(nt)

where interest rate r compounded n times per year for t years is applied to principal P.

  A = $300(1 +0.0148/365)^(365·1) ≈ $304.47

Answer:

D

Step-by-step explanation: