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If $23,000 dollars is deposited today at a bank, what will be the account's balance in 3 years using an annual interest rate of 5%

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If $23,000 dollars is deposited today at a bank, what will be the account's balance in 3 years using an annual interest rate of 5% compounded monthly? Multiple Choice $21,904.76 $19,868.26 S26,713.86 $19.80245

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