Multiple Choice
If you leave the money of $950 in the account for five years and the account earns 8% compounded annually, what will the balance in the account grow to?
A) $1,341.05
B) $1,347.82
C) $1,395.86
D) $1,406.23
E) $1,491.15
Correct Answer:
Verified
Correct Answer:
Verified
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