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Shawn Has $2,500 Invested at a Guaranteed Rate of 4

Question 53

Multiple Choice

Shawn has $2,500 invested at a guaranteed rate of 4.35 percent,compounded annually.What will his investment be worth after five years?

A) $2,997.04
B) $3,288.00
C) $3,321.32
D) $3,093.16
E) $2,857.59

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