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You deposit $1500 at 2% per year. What is the balance at the end of 5 years if the interest paid is compounded daily?

You deposit $1500 at 2% per year. What is the balance at the end of 5 years if the interest paid is compounded daily? Round the nearest penny. $1657.34 $1530.30 $1530.00 $1657.75

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