Multiple Choice
What amount should be deposited in a bank account today to grow to $10,000 three years from today?
A) $10,000 × 1.260
B) $10,000 × 1.260 × 3
C) $10,000 ÷ 1.260
D) $10,000 ÷ 1.080 × 3
Correct Answer:
Verified
Correct Answer:
Verified
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