Question: The value V of a bank account in which $750 is invested at 2% interest, compounded annually, is V = 750(1.02) t , where t

The value V of a bank account in which $750 is invested at 2% interest, compounded annually, is V = 750(1.02)^t, where t is the time in years. Find the value of the account after 4 years to the nearest penny.

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