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Mathematics, 27.06.2019 07:00 kmc3490

Shiloh opens a savings account in which interest is compounded annually. the balance in the account is given by the following exponential expression, where t represents the time in years. which statement correctly interprets the given expression? 125(1.025)t a. shiloh initially invested $125, which grows annually at a rate of 2.5%. b. shiloh initially invested $125, which grows annually at a rate of 1.025%. c. shiloh initially invested $1,025, which grows annually at a rate of 12.5%. d. shiloh initially invested $1,025, which grows annually at a rate of 1.25%. asp

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