Nate invests $1,000 into an account with a 5.2% interest that is compounded annually. How much money will he have in this account if he keeps it for 5 years?

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Answer:

In 5 years, you will have $1,288.48

Step-by-step explanation:

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Answer Nate will have 1,288.48 in his bank after 5 years

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