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An initial $500 deposit is compounded for 2 years at 6%, what is the FV? O A) 561.80 B) 554.22 C) 432.18 D) 404.30

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An initial $500 deposit is compounded for 2 years at 6%, what is the FV? O A) 561.80 B) 554.22 C) 432.18 D) 404.30

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