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Mathematics, 02.03.2020 02:35 Lovergirl13

JoeNah, DeKobian and Evan wrote equations to calculate the amount of money in a savings account after one year with 5% interest paid annually on an investment of dollars. Let B represent the balance of money saved.

JoeNah’s Equation: B = 1.5

DeKobian's Equation: B = + 0.05

Evan's Equation: B = (1+0.05)

The three students decided to see if their equations would give the same answer by using a $100 balance. Find the total amount of money in the savings account using each student’s equation. Show your work

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