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Use the Compound Interest Table to Solve the Following Problem $5000\$ 5000

Question 9

Multiple Choice

Use the compound interest table to solve the following problem.
-Identify the interest in the following sentence. $5000\$ 5000 deposited at a 5%5 \% rate earns $2250\$ 2250 over 9 years.


A) 5000
B) 5
C) 2250
D) 9

Correct Answer:

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