Add the same amount of money both years

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Reference no: EM131573582

Suppose you put $100 in the bank for two years and the bank agrees to add 15 percent per year to your account. Will the bank add more money to your account the second year than it did the first year, or will it add the same amount of money both years?

A. more money to your account the second year than it did the first year

B. the same amount of money both years.

Reference no: EM131573582

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