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17. Terry invested $2000 today in an investment that pays 6.5% annual interest. Which one of the following statements is correct, assuming all interest is

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17. Terry invested $2000 today in an investment that pays 6.5% annual interest. Which one of the following statements is correct, assuming all interest is reinvested? A. Terry will earn the same amount of interest each year. B. Terry will earn an increasing amount of interest each and every year even if he should decide to withdraw the interest annually rather than reinvesting the interest. C. Terry's interest for year two will be equal to $2000 * 0.065 * 2. D. Terry will be earning simple interest. E. Terry could have the same future value and invest less than $2000 initially if he could earn more than 6.5% interest

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