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Suzie has $16,000 in her investment account today. She saves an additional $2,000 a year for the next three years and earns 8% interest compounded
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Suzie has $16,000 in her investment account today. She saves an additional $2,000 a year for the next three years and earns 8% interest compounded annually. How much money will she have in her account three years from now?
A. $22,000.00
B. $30,780.05
C. $26,648.19
D. $26,997.91
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