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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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