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Amy is looking to invest for the next 4 years. She is looking to invest $5,500 today in a bank-term deposit that will earn interest

Amy is looking to invest for the next 4 years. She is looking to invest $5,500 today in a bank-term deposit that will earn interest at 3% annually. How much will Amy have at the end of 4 years (round to the nearest dollar)? (Use m-times compounding interest rate)

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$6,235

$6,434

$6,610

$6,190

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