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    Tankim Has $4,000 in His Savings Account, Which Pays an Annual
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Tankim Has $4,000 in His Savings Account, Which Pays an Annual

Question 36

Question 36

Multiple Choice

Tankim has $4,000 in his savings account, which pays an annual interest rate of 2%. The value of his account at the end of eight years is:


A) $4,200.
B) $4,686.64.
C) $4,640.
D) $4,808.16.

Correct Answer:

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