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You invest $50,000 in a security that pays a 10% return and you invest it for three years. How much do you have at the
You invest $50,000 in a security that pays a 10% return and you invest it for three years. How much do you have at the end of the three years if it pays interest annually?
a) $66,555
b) $50,500
c) $55,000
d) $51,500
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