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Question # 12

If $2,000 is invested at 5% annual interest compounded annually, what is amount after 4 years?

Options:

A.

$2,400

B.

$2,430.50

C.

$2,438.81

D.

$2,450

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Math College Readiness Overview

Name Math College Readiness
Code Math College Readiness
Vendor College Admission and Placement
Certification College Board

Math College Readiness Questions