Practice Problems How much will Ann have at the
beginning of year 10?
Ann's bank offers a 2.5% interest
rate compounded annually. Ann
deposits $300 in this account at the
beginning of year 1.
Use A(n) = P(1 + in-1
$306.82
$374.66
$384.03
$2235.17
What’s the answer

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Linda loans her friend $250 with a 5% monthly intrest rate. how much was the whole loan?