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Sara Invested $5700 into an Account with an Interest Rate

Question 223

Multiple Choice

Sara invested $5700 into an account with an interest rate of 3.3% each year compounded daily. How much money will be in the account after 3 years (rounded to the nearest hundredth) ?


A) $5891.23
B) $6293.15
C) $6283.13
D) $798899612.18
E) $5888.10

Correct Answer:

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