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Assuming an interest rate of 14%, if you invest a lump sum of $2,000 now, the balance of your investment in 7 years will be

Assuming an interest rate of 14%, if you invest a lump sum of $2,000 now, the balance of your investment in 7 years will be closest to: A. $800 B. $8,576 C. $14,000 D. $5,004

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