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Use the Following Information to Answer the Question(s)below

Question 43

Multiple Choice

Use the following information to answer the question(s) below.
Your great aunt Matilda put some money in an account for you on the day you were born.This account pays 8% interest per year.On your 21st birthday the account balance was $5033.83.
-The amount of money that your great aunt Matilda originally put in the account is closest to:


A) $600.
B) $800.
C) $1000.
D) $1200.

Correct Answer:

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