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An investor deposits £1,000 into an account that pays interest at the rate of 3%...

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An investor deposits £1,000 into an account that pays interest at the rate of 3% per year. If the interest is credited to the account at the end of the year and the investor leaves the money in the account for 5 years, how much money will be in the account at the end of the fifth year?

A.

£1,150.00

B.

£1,157.63

C.

£1,159.27

D.

£1,276.28

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