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On the day Harry was born, his parents put $1,200 into an investment account that...

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Question

Finance

On the day Harry was born, his parents put $1,200 into an investment account that promises to pay a fixed interest rate of 6 percent per year. How much money will Harry have in this account when he turns 18?

A.

$3,425

B.

$3,239

C.

$6,850

D.

$2,740

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