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QUESTION
If the money and interest are left in the bank, how much is the total accumulated savings at the end of the second year for a savings of $3,500 at 8% annually compounded interest? A. $3,742.30 B. $3
If the money and interest are left in the bank, how much is the total accumulated savings at the end of the second year for a savings of $3,500 at 8% annually compounded interest?
A. $3,742.30
B. $3,895.53
C. $3,935.10
D. $4,082.40
