Question: Multiple Choice Question What would be the formula to calculate the future value of $5,000 in 3 years compounded annually at a rate of 2%?

Multiple Choice Question What would be the formula to calculate the future value of $5,000 in 3 years compounded annually at a rate of 2%? O $5,000 + ($5,000 x 2%) + ($5,100 x 2%) + ($5,200 x 2%) O $5,000 + ($5,000 x 2%) + ($5,100 x 2%) + ($5,202 x 2%) $5,000 + ($5,000 x 2%) + ($5,000 x 2%) + ($5,000 x 2%) ($5,000 x 2%) + ($5,100 x 2%) + ($5,202 x 2%)

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