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D) $231,480 E) None of the above. 16) On the day Karen was born, her parents put $1000 into an investment account that promises to

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D) $231,480 E) None of the above. 16) On the day Karen was born, her parents put $1000 into an investment account that promises to pay a fixed interest rate of 4 percent per year. How much money will Karen have in this account when she turns 18? A) $1,720 B) $2,026 C) $2,804 D) $4,806 E) None of the above. Ifhe invests $10,000 in a savings account now, which of the in his account in ten yea

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