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You deposit $2,125 today in a savings account that pays 6% interest, compounded annually. How much will your account be worth at the end of
You deposit $2,125 today in a savings account that pays 6% interest, compounded annually. How much will your account be worth at the end of 20 years?
a.
$5,456.04
b.
$5,669.55
c.
$6,815.16
d.
$4,876.64
e.
$6,828.35
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