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Kristen Deposits $5,000 in the Bank Today

Question 96

Multiple Choice

Kristen deposits $5,000 in the bank today. She will be earning 6% interest annually on her deposit. How much money will she have in the bank at the end of 5 years? (Round to the nearest dollar.)


A) $3,736
B) $6,691
C) $21,062
D) $28,186

Correct Answer:

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