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Compute the Compound Interest $2500\$ 2500 At 9%9 \% Compounded Annually $1346.56\$ 1346.56

Question 118

Multiple Choice

Compute the compound interest.
-Tony invested $2500\$ 2500 at 9%9 \% compounded annually. How much will be in the account in 5 years? Round to the nearest cent.


A) $1346.56\$ 1346.56
B) $2501.68\$ 2501.68
C) $3846.56\$ 3846.56
D) $2595.17\$ 2595.17

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