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anuong05 anuong05
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2 years ago
Justin invests $4,000 in a savings account for two years. The account pays 2% interest compounded annually.  How much interest income will Justin earn on this investment?

▸ $80.00

▸ $81.60

▸ $160.00

▸ $161.60
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
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dmp7474dmp7474
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2 years ago
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anuong05 Author
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2 years ago
Thanks for your help!!
zsc999
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Yesterday
Correct Slight Smile TY
Jadakiss
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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