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Old Time Savings Bank pays 3% interest on its savings accounts. If you deposit $1,200 in the bank and leave it there a. How much

Old Time Savings Bank pays 3% interest on its savings accounts. If you deposit $1,200 in the bank and leave it there

a. How much interest will you earn in the first year?

b. How much interest will you earn in the second year?

c. How much interest will you earn in the 10th year?

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