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Elaine has just received an insurance settlement of $25,000. She wants to deposit this money...

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Elaine has just received an insurance settlement of $25,000. She wants to deposit this money in her bank account. If she can earn 2.0% annually, how much will she have saved 8 years from now? a. $30,929.02 b. $39,864.20 c. $28,000.00 od. $29,291.48

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