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Jorge Deposited $1,000 into an Account Three Years Ago

Question 45

Multiple Choice

Jorge deposited $1,000 into an account three years ago.The first two years he earned 5 percent interest;the third year he earned 6 percent interest.How much money does Jorge have in his account today?


A) $1,157.90
B) $1,168.65
C) $1,176.00
D) None of the above are correct to the nearest cent.

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