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Mathematics, 08.04.2021 18:30 kekeke68

Karen invested $2,000 in a special savings account. The balance of this special savings account will double
every 5 years. Assuming that Karen makes no other
deposits and no withdrawals, what will be the balance
of Karen's investment at the end of 40 years?
A. $ 80,000
B. $ 256,000
C. $ 400,000
D. $ 512,000
E. $1,024,000

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Answers: 2

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