If you have $3,000 today with a 5% APY,how much will you have 2 years from now?
A) $3,200.50
B) $3,307.50
C) $3,100.50
D) $3,500.25
Correct Answer:
Verified
Q2: What is compounding?
A)Depositing money in the bank
B)When
Q3: What is paper money backed by?
A)Gold
B)Gold and
Q4: Paper money is printed by the _.
A)Federal
Q5: What two cities are currently producing coins
Q6: When interest is added to your initial
Q7: Who controls the circulation of money in
Q8: Which of the following is paper money
Q9: Where is one place where paper money
Q10: The annual percentage yield indicates
A)how much interest
Q11: If you invest $100 and receive a
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