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Randall's saving accounts earns interest at 4% APR, compounded on the first day of each...

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Question

Accounting

Randall's saving accounts earns interest at 4% APR, compounded on the first day of each month. He makes the
following deposits:
October 4th 2024: $100.
November 15th 2024: $200.
February 20th 2025: $300.
Determine Randall's account balance as of March 31st 2025.
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