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Connie made $1,600.00 deposits at the beginning of each year for four years. The rate she earned is 5% annually. What is the value of

Connie made $1,600.00 deposits at the beginning of each year for four years. The rate she earned is 5% annually. What is the value of Connie's account in four years?

$11,051.00

$8,260.20

$8,260.00

$7,240.96

None of these

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