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Question 1: On your 30th birthday, your grandparents opened an investment account in your name and made an initial deposit of $2,500. The account pays 4.5 percent interest. How much will you have in the account on your 45th birthday if you don't add or withdraw any money before then?

Select $4,838.20 as your answer

Select $5,002.10 as your answer

Select $5,055.93 as your answer

Select $5,207.19 as your answer

Select $5,211.14 as your answer

Reference no: EM132498869

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