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QUESTION 1 You invest $7,000 into a savings account that pays an annual interest rate of 12.00%. How much would you have in your account

QUESTION 1

  1. You invest $7,000 into a savings account that pays an annual interest rate of 12.00%. How much would you have in your account after 12 years?

    A.

    $20,549

    B.

    $24,010

    C.

    $27,272

    D.

    $30,343

    E.

    $33,231

    F.

    $35,942

    G.

    $38,483

    H.

    $40,861

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