Need help quickly! The equation A = 1300(1.02)^7 is being used to calculate the amount of money in a saving account. What does 1.02 represent in this equation?

Need help quickly The equation A 13001027 is being used to calculate the amount of money in a saving account What does 102 represent in this equation class=
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Answer:

the answer should be 0.02 growth

Step-by-step explanation:

if the decimal was negative then the answer is decay.

The answer is b
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