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OpenStudy (anonymous):
For the investment with interest compounded annually, find the final balance and the total interest earned. $500 for 2 years at 8% A. final balance: $540 interest earned: $40 B. final balance: $580 interest earned: $80 C. final balance: $583.20 interest earned: $83.20 D. final balance: $620 interest earned: $120
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