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Samanthaearns 3.5 percent interest, compounded annually. She estimates it will take her four years until she has$5,000. If she doesn'tmake any withdrawals or deposits, which

Samanthaearns 3.5 percent interest, compounded annually. She estimates it will take her four years until she has$5,000. If she doesn'tmake any withdrawals or deposits, which of the following statements is true?

A) Samantha could earn more interest on this account if she withdrew her interest earnings each year.

B) Samantha deposited more than $5,000 this morning.

C) Samantha is earning simple interest on her savings.

D) The present value of Samantha's account is $5,000.

E) Samantha could have deposited less money today and still had $5,000 in four years if she could have earned a higher rate of interest.

I tried "C" and it was wrong.

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