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if 1,000 is invested in an account with 4% interest compounded yearly, what will the balance of the account be after four years? a.) $1,218

if 1,000 is invested in an account with 4% interest compounded yearly, what will the balance of the account be after four years?
a.) $1,218
b.) $1,170
c.) $1,040
d,) $1,240

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