Daisysolis7306 Daisysolis7306

14-03-2024
Business

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Isaac invests $5,000 in a money market account at his local bank. He receives annual interest of 8% compounded for four years. How much total return will his investment earn during this time period?
A. $3,675
B. $1,800
C. $6,254
D. $8,570

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