How much will $25,000 grow to in seven years, assuming an interest rate of 12% compounded annually? Group of choices $48,998 $46,000 $61,899 $52,344 $55,267

How much will $25,000 grow to in seven years, assuming an interest rate of 12% compounded annually?
Group of answer choices
$48,998
$46,000
$61,899
$52,344
$55,267

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