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QUESTION 3 - 1 POINT Carl placed $ 2 , 6 0 0 in a savings account that compounds interest annually at a rate of

QUESTION 3-1 POINT
Carl placed $2,600 in a savings account that compounds interest annually at a rate of 0.5%. How much will he have in the
account after 7 years?
Round your answer to the nearest dollar.
Do NOT round until you have calculated the final answer.
Provide your answer below:
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