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21 January, 08:46

Fred deposited $1,000 into an account that earns 2 percent, compounded annually. How much money will he have in 5 years?

A.

$1000

B.

$1100

C.

$1552

D.

$1291

E.

$1105

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Answers (1)
  1. 21 January, 11:56
    0
    I believe its c - $1552 but i could be wrong
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