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Mathematics, 25.03.2021 21:30 Jaimsters

Sami opens an account with a principal balance of $3200. The account earns 4.75% interest compounded annually. No additional money is deposited or withdrawn from the account. Sami checks the balance of the account at the end of 5 years. What is the amount of interest earned at the end of 5 years? A. $4035.68
B. $835.68
C. $167.14

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