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an employee puts 5000 in a retirement account that offers 9% interest compounded annually. the employee makes no additional deposits or withdrawals. which amount is closest to the interest the employee
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an employee puts 5000 in a retirement account that offers 9% 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?​

User Bastiaan Quast
by
9.1k points

1 Answer

2 votes

Answer:

(J) 2,693.12

Explanation:

User Jelaby
by
8.6k points
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