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3 votes
An employee put $3,000 in a retirement account that offers 7% interest

compounded annually. The employee makes no additional deposits or
withdrawals. Which amount is closest to the interest the employee will
have earned at the end of 5 years?
A. $357.21
B. $1,207.66
C. $499.15
D. $2,567.33

1 Answer

3 votes

Answer:

B

Explanation:

User Roel Harbers
by
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