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Mathematics 15 Online
OpenStudy (anonymous):

a $4,000.00 principal earns 5% interest compounded annually. after 4 years, what is the balance in the account?

OpenStudy (anonymous):

Answer choices 500,000.00 4,862.03 4,600.00 20,250.00

OpenStudy (holly00d1248):

I believe the answer is C.

OpenStudy (anonymous):

thank you

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