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Your bank offers a 1 0 - year certificate of deposit ( CD ) that pays 6 . 5 % interest, compounded annually. If you

Your bank offers a 10-year certificate of deposit (CD) that pays 6.5% interest, compounded annually. If you invest $2,000 in the CD, how much will you have when it matures?
$3,754.27
$4,139.09
$3,941.99
$4,346.04
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