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3. A bank is offering a savings account with an annual interest rate of 2%, compounded annually, for three years. Fill in the chart

3. A bank is offering a savings account with an annual interest rate of 2%, compoundedannually, for three years. Fill in the

3. A bank is offering a savings account with an annual interest rate of 2%, compounded annually, for three years. Fill in the chart below to show the value of a $1000 investment after each year. After year # Value of the account $1000 1 2 3

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