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Tom has $100,000 in his investment account. He anticipates earning an annual return of 5% compounded annually for each of the next 25 years. How
Tom has $100,000 in his investment account. He anticipates earning an annual return of 5% compounded annually for each of the next 25 years. How much will Tom's investment be worth at the end of 25 years?
CA) $338,635
B) $477,271
C) $250,000
D) $125,000
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