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Mathematics

Answered

Torren deposits $4500 in an account earning 2% interest, compounded annually. The equation that represents this situation is:A(n) = 4500(1 + 0.02) - 1How much will he have in the account at the beginning of year 8? Round youranswer to the nearest dollar.A. $5169B. $32,130C. $16,124D. $5272

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