Use the compound interest formula to determine the accumulated balance after the stated period. Assume that interest is compounded annually.$8000 is invested at an APR of 3.1% for 5 years.
A. $249.50
B. $1240.00
C. $9319.30
D. $9039.09
Answer: C
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A. Primary B. Mandatory C. Discretionary D. None of the above
Find the exact value of the expression.
A. 
B. 
C. 2
D. 
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