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after several years of working, Katie has savings of $ 1 0 0 , 0 0 0 . If she invest that hundred thousand dollars

after several years of working, Katie has savings of $100,000. If she invest that hundred thousand dollars in a savings fund that adds 5% each year, about how much will her savings account have after 20 years? Ignore compounding and taxes, and assume , Katie put no additional money into savings. The answers are a)200,000. B)120,000 C)105,000 d)150,000

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