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If $5,000 is invested in an account with 7% interest compounding yearly, what will the balance of the account be after 3 years? Please refer to the following Future Value table:
Articles of Confederation
The first governing document of the United States, created before the Constitution, which provided a loose federation of the states with limited central government power.
Ratified
The process by which a proposed treaty or agreement is officially approved and adopted by the necessary parties or institutions.
States
Distinct territorial and political entities within a federal system, each with its own government and a degree of autonomy.
Government-less State
A hypothetical or theoretical situation where society operates without a formal government, often associated with anarchism or extreme libertarian views.
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