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QUESTION 4 Over time, the future value of $1,000 invested today at 6 percent, compounded annually, will increase by a(n): O a. increasing annual amount

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QUESTION 4 Over time, the future value of $1,000 invested today at 6 percent, compounded annually, will increase by a(n): O a. increasing annual amount due to the effects of the simple interest rate. Ob.constant annual amount given the interest on interest effect. Oc decreasing annual amount due to the compounding effect. Od constant annual amount given that interest is compounded annually. e increasing annual amount given the compound interest effect. QUESTIONS Angelina just deposited $5,000 into an account at The Compound Bank. The bank will pay 4.5 percent interest compounded annually on this money. How much interest on interest will Angelina earn over the next 10 years? a. $650.00 b.$2,764.85 O c. $2,250.00 Od: $514.85 e $225.00

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