Multiple Choice
Your bank offers a savings account that pays 3.5% interest, compounded annually.If you invest $1,000 in the account, then how much will it be worth at the end of 25 years?
A) $2,245.08
B) $2,363.24
C) $2,481.41
D) $2,605.48
E) $2,735.75
Correct Answer:
Verified
Correct Answer:
Verified
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