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T2-23 Multiple Choice If you put $1,020 in a savings account at the end of each year for 30 years, how much money will be

T2-23 Multiple Choice

If you put $1,020 in a savings account at the end of each year for 30 years, how much money will be in the account at the end of the 30th year? Assume that the account earns 5% and round to the nearest $100.

A. $66,400 B. $64,600 C. $67,800 D. $71,200

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