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Imagine That Two Years Ago You Inherited $20,000 and Put

Question 214

Multiple Choice

Imagine that two years ago you inherited $20,000 and put it in an account paying a fixed 8% annual interest rate.To the nearest dollar,how much money do you have in your account now?


A) $22,880.00
B) $23,200.00
C) $23,232.00
D) $23,328.00

Correct Answer:

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