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Egar invests $7,500, at 8% interest, compounded annually for 5 years. Manually calculate the compound amount for his investment. $8,922.26 $10,522.29 $11,000 $11,019.95

Egar invests $7,500, at 8% interest, compounded annually for 5 years. Manually calculate the compound amount for his investment.

$8,922.26

$10,522.29

$11,000

$11,019.95

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