Question: If $ 2 0 , 0 0 0 is put in a savings account paying interest of 4 % compounded annually, what amount will be

If $20,000 is put in a savings account paying interest of 4% compounded annually, what
amount will be in the account at the end of 5 years?
$24,333.
$24,000
$24,310.
$16,439.
If $20,000 is put in a savings account paying interest of

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