Solve.Paul deposits $9000 in an account that has an annual interest rate of r (in decimal form). At the end of 2 years, the value of the account will be 9000(1 + r)2 dollars. Find the account balance at that time if the interest rate is 3%.

A. $10,311.95
B. $9548.10
C. $9166.18
D. $9930.02


Answer: B

Mathematics

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