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3. Josie invested $5,000 at the end of each year over the past nine years at an interest rate of 6% per year, compounded annually.

3.

Josie invested $5,000 at the end of each year over the past nine years at an interest rate of 6% per year, compounded annually. What is the future value of her investments?

Select one:

a. $45,000.00

b. $49,472.75

c. $57,456.58

  1. d. $59,184.24

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