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Jose now has $100. How much would he have after 8 years if he leaves it invested at 5% with annual compounding? A. $103.38 B.

Jose now has $100. How much would he have after 8 years if he leaves it invested at 5% with annual compounding?

A.

$103.38

B.

$147.75

C.

$118.10

D.

$146.93

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