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38. If you receive a $100 savings account on your fifth birthday earning 6% compounded daily, and if you do not make any withdrawals, how

38.

If you receive a $100 savings account on your fifth birthday earning 6% compounded daily, and if you do not make any withdrawals, how much will be left in the account on your 16th birthday?

A.

$193.74

B.

$193.77

C.

$139.74

D.

$193.47

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