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You Received a $1 Savings Account Earning 5% on Your

Question 171

Multiple Choice

You received a $1 savings account earning 5% on your 1stbirthday. How much will you have in the account on your 40thbirthday if you don't withdraw any money before then?


A) $5.89
B) $6.34
C) $6.70
D) $7.00
E) $7.04

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