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Mathematics, 24.04.2020 06:20 Tbutler21

You put $500 in an account that earns 4% annual interest. The interest earned each year is added to the principal to create a new principal. Find the total amount in your account after each year for 3 years.
Can you write an equation for this problem?
(Plz give an easy equation someone with the 7th grade percentage understanding can use, thank you, happy quarantine:)

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