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Mathematics, 30.11.2020 22:00, stephanieanaya7
An employee put 5,000.00 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?
a 2,250.00
b 450.00
c 2,693.12
d 299.09
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Answers: 3
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