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5. If you invest $2,000 at the end of each year for five years and you earn 7% interest compounded annually, how much will you
5.
If you invest $2,000 at the end of each year for five years and you earn 7% interest compounded annually, how much will you have accumulated at the end of the fifth year? (Round to nearest Dollar)
$10,700 | ||
$11,501 | ||
$14,323 | ||
$12,307 |
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