[Solved] You Deposit $500 Today in a Savings Account That Pays

Question 75
Multiple Choice

You deposit $500 today in a savings account that pays 6% interest,compounded annually.How much will your account be worth at the end of 30 years?

A) $3,331.22
B) $2,756.88
C) $2,670.72
D) $3,503.53
E) $2,871.75

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