Suppose you put $500 into a bank account today.Interest is paid annually and the annual interest rate is 3 percent.The future value of the $500 after 1 year is
A)$485.44.
B)$496.50.
C)$509.28.
D)$515.00.

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The Answer of Suppose you put $500 into a bank account today.Interest is paid annually and the annual interest rate is 3 percent.The future value of the $500 after 1 year is
A)$485.44.
B)$496.50.
C)$509.28.
D)$515.00.

Suppose You Put $500 into a Bank Account Today