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Justin & Jill Inc. have $3,600,000 today to invest in Caesar Bank. If the bank account yields 11% annual interest and the money is compounded
Justin & Jill Inc. have $3,600,000 today to invest in Caesar Bank. If the bank account yields 11% annual interest and the money is compounded annually, how much will be in the bank account three years from the date invested?
a. 4,923,472
b. 2,632,289
c. 4,788,000
d. 2,632,289
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