Question: QUESTION 3 Carl placed $ 3 , 1 0 0 in a savings account that compounds interest annually at a rate of 0 . 5

QUESTION 3
Carl placed $3,100 in a savings account that compounds interest annually at a rate of 0.5%. How much will he have in the
account after 5 years?
Round your answer to the nearest dollar.
Do NOT round until you have calculated the final answer.
Provide your answer below:
$
QUESTION 3 Carl placed $3,100 in a savings account that compounds

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