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You are offered an investment that requires you to put up $1,000 today and keep them in for 5 years. The annual rate of return

You are offered an investment that requires you to put up $1,000 today and keep them in for 5 years. The annual rate of return is 10%. What amount will be receiving in 5 years?

$1,000.00

$1100.11

$5,000.00

$1,610.51

$1,477.35

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