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Justin invests $4,000 in a savings account for two years. The account pays 2% interest compounded annually. How much money will be in the account

Justin invests $4,000 in a savings account for two years. The account pays 2% interest compounded annually. How much money will be in the account at the end of the second year?

A)

$4080.00

B)

$4,161.60

C)

$1161.60

D)

$4,160.00

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