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If $48000 is deposited in a savings account paying interest of 8% compounded annually, what amount will be in the accoun

Posted: Mon May 02, 2022 9:35 am
by answerhappygod
If $48000 is deposited in a savings account paying interest
of 8% compounded annually, what amount will be in the account
at the end of 5 years?
a. $70528
b. $67820
c. $40878
d. $67200