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Mathematics, 22.02.2021 21:50 joset238

Connie deposits $30 into an account. The value of the account, in dollars, can be modeled as V(t) = 30 (1.05)^t , where t is the time, in years, since opening the account. To the nearest cent, What is the average rate of change in the value of the account for the first 3 years?

A. $0.63/year

B. $1.58/year

C. $3.15/year

D. $4.73/year

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