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8) Jessica deposits her $2,500 bonus cheque into the bank at the end of 2015. At the end of 2016 , she deposits another bonus

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8) Jessica deposits her $2,500 bonus cheque into the bank at the end of 2015. At the end of 2016 , she deposits another bonus cheque, which is double the amount of last year's cheque. Given that the interest rate is 5%, what is the total future value of these two bonuses at the end of 2017? A) $8406.56 B) $7,500 C) $7875 D) $7625 E) $8,006.25

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