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You deposit $1,000 today into an account that pays 3 percent annual compound interest. How much money will you have in your account in 5

You deposit $1,000 today into an account that pays 3 percent annual compound interest. How much money will you have in your account in 5 years?

Group of answer choices

$1,338

$1,276

None of these are correct.

$1,159

$1,217

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