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An investment of $1200.00 is growing at the rate of 2.6% per year. What is the growth in balance from year 20 to year 25?

An investment of $1200.00 is growing at the rate of 2.6% per year. What is the growth in balance from year 20 to year 25? $2655.89 None of the other answers are correct. $274.57 $265.59$16.52 $156.00

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