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Scarlett is considering investing $10,000 she will receive from a trust fund when she turns 25 years old. If she invested the money for three

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Scarlett is considering investing $10,000 she will receive from a trust fund when she turns 25 years old. If she invested the money for three years at 4% per year, compounded annually, what would her investment be worth at the end of three years? Note: Assume this problem uses Compounding Interest (compounded annually), NOT Simple Interest. $10,400 $11,200 $11,249 $10,816

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