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$200 Is Invested in an Account Paying 7 ≈\approx $35154
B) ≈\approx

Question 74

Multiple Choice

$200 is invested in an account paying 7.5% compounded annually. How much will the account be worth after 8 years? [Round to the nearest cent. Use the compound interest formula $200 is invested in an account paying 7.5% compounded annually. How much will the account be worth after 8 years? [Round to the nearest cent. Use the compound interest formula .] A) \approx $351.54 B) \approx $353.38 C) \approx $356.70 D) \approx $361.98 .]


A) ≈\approx $351.54
B) ≈\approx $353.38
C) ≈\approx $356.70
D) ≈\approx $361.98

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