Multiple Choice
$10,000 is deposited in a money market account when interest is compounded every month at an annual rate of 6%. Find the total amount accumulated at the end of 5 years. Round your answer to the nearest cent.
A) $13,289.59
B) $33,000.00
C) $13,488.50
D) $11,489.08
E) None of these
Correct Answer:

Verified
Correct Answer:
Verified
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