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Michelle has a balance of $950 in a savings account that pays 3% interes compounded annually. If Michelle makes no deposits or withdrawals, how

Michelle has a balance of $950 in a savings account that pays 3% interes compounded annually. If Michelle makes no deposits or withdrawals, how much money will be in her savings account after 2 years? A $954.81 B $1,004.00 C $1,007.00 D $1,007.86

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