Question: Consider the same problem: Say you invest $ 5 0 0 today in a risk - free investment that pays 4 % interest annually. You

Consider the same problem: Say you invest $500 today in a risk-free investment that pays 4% interest annually. You then reinvest both interest and principal for a total investment horizon of 4 years. Determine how much your account balance will be at the end of two years.

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