You Deposit $1,475 Today in a Savings Account That Pays

Question 74

Multiple Choice

You deposit $1,475 today in a savings account that pays 6% interest,compounded annually.How much will your account be worth at the end of 25 years?
A) $5,760.76
B) $7,026.87
C) $7,216.78
D) $6,330.51
E) $6,203.90