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PLEASE HELP!! The table shows the balance of an investment account at the beginning of each year the account was held. Assuming no other deposits have been made to the account, which statement describes the accounts growth.

The table and answers are attached.

PLEASE HELP The table shows the balance of an investment account at the beginning of each year the account was held Assuming no other deposits have been made to class=

Respuesta :

peterickj5431

Answer:

C

Step-by-step explanation:

The answer is c because 10.5 also equals up to 1,32300

srastiuts023

The statement describes the growth of the account as C. The account grew exponentially at an annual interest rate of 5.00%.

What is an example of a cash account?

Cash accounts

A cash account might be the type of funding account you believe you studied when you consider making an investment. You deposit cash into a coins brokerage account, and you then use the budget to shop for securities.

What type of account is ideal for investment?

A cash account is suitable for the majority of traders. It lets you buy investments with the cash you deposit into the account. A margin account is for investors who want to borrow cash from the broker to buy investments. Margin trading is a riskier sort of investing this is nice proper for advanced traders.

Learn more about Traders at https://brainly.com/question/17727564

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