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Sagot :
Minerva's account balance will be about $100 , it is True and Option A is the correct answer.
What is meaning of Compounded annually ?
Compounded Annually means when the interest is given even on the interest accrued from the principal amount . This is done once a year.
It is given that
Principal Amount = $50
From the graph attached in the answer which was missing in the question ,
It can be confirmed that after 12 years
Minerva's account balance should be about $100.
Therefore it is True and Option A is the correct answer.
The graph missing is attached
To know more about Compounded Annually
https://brainly.com/question/24260765
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