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At the end of two years, what will be the balance in a savings account paying 6 % annually if $ 5 , 0 0

At the end of two years, what will be the balance in a savings account paying 6% annually if $5,000 is deposited today? The future value of one at 6% for one period is 1.06.
A. $5,000
B. $5,300
C. $5,600
D. $5,618

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