medium · SAT Math
An investor deposits $1,000.00 into an account. During the first year the value of the account increases by 10%, and during the second year the value of the account decreases by 10% of its value at the end of the first year.
What is the value of the account at the end of the second year?
- $900.00
- $990.00
- $1,000.00
- $1,100.00
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