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Suppose you put $5,000 into a bank account with an interest rate of 4%. What will be the account balance at the end of 8

Suppose you put $5,000 into a bank account with an interest rate of 4%. What will be the account balance at the end of 8 years if the interest is compounded annually?

$6,584

$5,117

$6,600

$6,843

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