How much money should you expect to have in the account, Microeconomics

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How much money should you expect to have in the account

Problem

If you deposit $500 in a savings account that offers 3 percent interest, compounded annually, and you don't withdraw any money, how much money should you expect to have in the account at the end of three years?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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