Solve the problem.A student deposits $250 into an account with an interest rate of r. If the interest is compounded annually, after 2 years, the amount of money in the account is given by
. Find the polynomial that represents the amount of money in the account after 2 years. (Hint: Multiply
; then distribute 250.)
A. 250r
B. 250 + 500r + 250r2
C. 250 + 250r2
D. 250 + 250r + 250r2
Answer: B
Mathematics
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A.
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D.
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