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The Smith Co . has $ 4 5 0 , 0 0 0 to invest at 5 . 5 % interest. How much more money

The Smith Co. has $450,000 to invest at 5.5% interest. How much more money will they have if they invest these funds for eight years instead ofQuestion 29Not yet answeredMarked out of 1.00P Flag questionfive years? a. $62,948.21 b. $68,851.36O c. $74,250.00 d. $78,408.62 e. $102,476.93

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