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Cody invests $3,400 per year from his summer wages at a 4% annual interest rate. He plans to take a European vacation at the end

Cody invests $3,400 per year from his summer wages at a 4% annual interest rate. He plans to take a European vacation at the end of 4 years when he graduates from college. How much will he have available to spend on his vacation?

Multiple Choice

$14,144.00

$13,600.00

$13,056.00

$14,709.76

$14,438.10

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