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You Deposit $1,000 Today in a Savings Account That Pays

Question 29

Multiple Choice

You deposit $1,000 today in a savings account that pays 3.5% interest,compounded annually.How much will your account 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

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