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Ellen Fetter invested $5000 in a savings account that paid 6% interest compounded annually. She kept the account for three years. At the end of

Ellen Fetter invested $5000 in a savings account that paid 6% interest compounded annually. She kept the account for three years. At the end of three years, Ellen will have approximately,

a. $6,103

b. $5,444

c. $5,414

d. $5,955

e. None of the above

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