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Precision Manufacturing made a $15,000 investment five years ago. It earned 7% with annual compounding. How much interest did Precision earn in these five years?

Precision Manufacturing made a $15,000 investment five years ago. It earned 7% with annual compounding. How much interest did Precision earn in these five years? $6,038.28 $4,545.45 $5,250.00 $21,038.28 $21,520.00

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