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If $3,000 Is Put in a Savings Account Today, What

Question 10

Multiple Choice

If $3,000 is put in a savings account today, what amount will be available three years from today?


A) $3,000 ÷ 1.260
B) $3,000 × 1.260
C) $3,000 × 1.080 × 3
D) ($3,000 × 1.080) + ($3,000 × 1.166) + ($3,000 × 1.260)

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