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Your savings account is currently worth $1,200. The account pays 5 percent interest compounded annually. How much will your account be worth 6 years from

Your savings account is currently worth $1,200. The account pays 5 percent interest compounded annually. How much will your account be worth 6 years from now?

$1,627.19

$1,562.71

$1,524.00

$1,608.12

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