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OpenStudy (anonymous):
If $1,000 is invested in an account that pays 5% interest compounded annually, an expression that represents the amount in the account at end of five years can be given by which of the following equations? a. 1000(0.5)^5 b. 1000+(0.5)^5 c. 1000(1.05)^5
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OpenStudy (anonymous):
Option "C" is correct.
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