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please help !! The future value of an investment of $5,000 earning an interest rate of 10 percent compounded annually equals $6,050 at the end

please help !!
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The future value of an investment of $5,000 earning an interest rate of 10 percent compounded annually equals $6,050 at the end of two years. (Hint: Calculate the future value and compare with the given future value) True False

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