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Bank of Texas offers a financial product paying 7% interest (compounded annually). If you invest $1,000, how much will you have at the end of

Bank of Texas offers a financial product paying 7% interest (compounded annually). If you invest $1,000, how much will you have at the end of year 5? A. $1,402.55 B. $1,350.00 C. $1,000 D. $712.99

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