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OpenStudy (anonymous):
As incentive for Gretchen to save the $2,500 she recently inherited, her parents tell her that they will pay her 10% simple annual interest on the amount that she saves. How much money will Gretchen have after 10 years if she saves all of the money she inherited? A) $2,708 B) $2,727 C) $2,778 D) $5,000
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