Multiple Choice
Tony plans to deposit $1,000 at the end of each of the next three years.If his funds earn 5% compounded annually,how much will he have at the end of three years?
A) $3,150.00
B) $3,175.50
C) $3,152.50
D) $3,500.00
E) $4,310.10
Correct Answer:
Verified
Correct Answer:
Verified
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