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20) Sandirha invested $4,000 today in an investment that pays 5.5 percent annual interest. Which...

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20) Sandirha invested $4,000 today in an investment that pays 5.5 percent annual interest. Which one of the following statements is correct, assuming all interest is reinvested? She will earn the same amount of interest each year. X She will be earning simple interest. She could have the same future value and invest less than $4,000 initially if she Id earn more than 5.5 percent interest. X Her interest for Year 2 will be equal to $4,000 .055 * 2. X She will earn an increasing amount of interest each and every year even if she should de to withdraw the interest annually rather than reinvesting the interest. X

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