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6 March, 12:30

Your aunt and uncle deposit $2,000 in an account that pays 3% compound interest, toward your future college costs. How much is your balance at the end of 8 years? (1 pt) * a) $480 b) $2,533.54 c) $0.13 d) $4,800 e) $16,314.61

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  1. 6 March, 12:40
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    2000·1.03^8 = 2533.54 - -> b)
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