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1. How much will a $50 deposit made today be worth in 20 years if interest is compounded annually at a rate of 10 percent?

1. How much will a $50 deposit made today be worth in 20 years if interest is compounded annually at a rate of 10 percent? a. $150.00. b. $286.37. c. $309.59. d. $336.37. e. $2,863.75.

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